Employment trends index slid in September

10/12/2010 | Bloomberg Businessweek

The Conference Board employment trends index dropped from a revised 97.3 in August to 97 in September. The latest reading marks two consecutive months of decline in five months, suggesting that more job losses are possible. "The likelihood of another episode of job losses in increasing," said Gad Levanon, associate director of macroeconomic research at the Conference Board.

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