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in June, down from the revised May figureof 89.1 and from 112.7 in June 2008. The indexx number is relative to 100 for the 1996 base The index combines eightmarket indicators. “Compared to the beginninfg of the year, the decline in the Employmenr Trends Index has significantly and we therefore expect job growth to resume around the end ofthe year,” The Conferencw Board Senior Economist Gad Levanomn said in a Monday release. “However, over the last leading indicators of employment were mostly disappointing, suggesting the Employment Trends Indes is still seeking a bottom.
” The index’s componenta yielded mixed results in June, The Conference Board said in the release. The declininv indicators were the percentage of respondentds who say theyfind “jobs hard to the number of employees in the temporary-help industry, industriapl production, real manufacturing and trade sales, and job The Conference Board is a independent business-membership and research associatiobn based in New York
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