The Conference Board's Employment Trends Index (ETI) slipped to 107.82 in November from a downwardly revised 107.84 in October, originally reported as 108.16, but is up 3.3% from a year ago, the group announced Monday.

"The Employment Trends Index remains weak and suggests that employment growth over the next several months is likely to slow again," said Gad Levanon, Associate Director, Macroeconomic Research at The Conference Board. "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."

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.