Deep Tide TechFlow News, on June 9, according to Jinshi Data, the U.S. Conference Board's Employment Trends Index (ETI) further declined in May, dropping from 108.00 to 107.49. 'Compared to early 2025, the ETI continued to slow down in May. However, despite a generally cautious attitude towards tariffs, the ETI is currently still above the average level of 2017-2019, indicating that the labor market is still on a solid foundation overall.' The Conference Board noted that the gap between hard data and soft data continues to exist, 'Although uncertainty may dampen business and consumer confidence, the May employment data indicates that hiring continues to keep the labor market roughly balanced. However, we are beginning to see some industries being eroded, which may indicate that the pressures from tariff changes are starting to manifest.'