Financial Times FT.com

US jobs market seen to further weaken

NEW YORK, January 12 – The US job market worsened in December and could lose another 2m jobs in 2009, a research group said on Monday.

The Conference Board, a private research group, said its Employment Trends Index fell to 99.6 in December, its lowest level in about 10 years. The index has fallen for 17 months and was down from a revised 101.2 in November, which was originally reported at 102.9.

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