The New York Times Job Market Confidence Index dropped 2.9 points in June to 106.8 from 109.7 in May. The Confidence Index measures the perceptions of employers and job seekers in the greater New York
metropolitan area. June's Current Conditions measure of the Index, which looks at respondents' perceptions of the current state of the job market, dropped to 131.7 from 135.7 in May. The Expectations
measure of the Index, which considers respondents' expectations concerning the future of the job market in six months, dropped to 99.9 from 101.6, the lowest recorded since the beginning of the index
in February. For these results, February served as the base month, with values equal to 100.0.
