The Conference Board’s employment trends index rose 0.3% to 88.5 in September, from a revised 88.2 in August, originally reported as 88.1, and is down 15.6% from a year ago, the group announced yesterday.

“While the employment numbers reported by the government last Friday were certainly disappointing, the Conference Board employment trends index suggests that the trend of declining job losses will continue,” said Gad Levanon, senior economist at the Conference Board. “But the road to recovery is definitely going to be bumpy and may last unusually long, given the depth of the recession we have experienced.”

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.