Economic Outlook: Mixed (Monster Index Up, Conference Board Down)

The Monster Employment Index jumped by 10 points in February, according to a news release from the company. It’s now at its highest level in over a year. “The fact that we are seeing a year-over-year increase in the Index may be an early indication that companies are stepping up recruiting efforts and will begin hiring again,” said Jesse Harriot, senior vice president and chief knowledge officer at Monster Worldwide in a statement.

And a report from Challenger, Gray, and Christmas found that layoffs in February reached the lowest level since mid-2006, with only 42,092 mass layoffs announced.

But The Conference Board’s Help Wanted Online series, which tracks the number of jobs posted online, said that job postings declined by 66,900 in February.

It’s still a mixed bag, in short.
(h/t ERE.net)