Although the latest figures show a decline in the U.S. unemployment rate, the Conference Board's Employment Trends Index predicts a slowing job market over the next few months. "Employment growth typically lags economic growth, and with the economy expected to decelerate in the current quarter and early 2013, a slowdown in employment won't be far behind," observed Gad Levanon, director of macroeconomic research at the Conference Board.

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