The Conference Board's Employment Trends Index (ETI) gained to 111.64 in June from a downwardly revised 111.59 in May, originally reported as 111.76, and is up 3.8% from a year ago, the group announced Tuesday.

"In the second quarter of 2013, the Employment Trends Index grew more slowly than in the previous two quarters," said Gad Levanon, Associate Director, Macroeconomic Research at The Conference Board. "Even though employment has been growing faster than expected in recent months, the current slowing of the ETI suggests that acceleration in employment growth is unlikely in the near future."

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