Trend of slowing job losses to continue, Conference Board says

10/6/2009 | Reuters

Data released by The Conference Board indicate the rate of job losses is declining. The organization's Employment Trends Index increased to 88.5 in September from an upwardly revised 88.2 in August. The reading suggests "the trend of declining job losses will continue," said Gad Levanon, senior economist at The Conference Board.

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