Job losses will continue in the coming months, according to the Conference Board, based on a decline in its employment trends index.

“Most leading indicators of employment point to an even sharper deterioration in the labor market in the months ahead,” said Gad Levanon, senior economist at the board. “The steep decline of the employment trends index in recent months, and the fact that its weakness is spread throughout all of its components, does not leave much room for optimism.”

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