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The Conference Board's index measuring job ads in
"The slump in home buying and building, higher gas prices and grocery prices, and credit availability questions have combined to weaken the overall economy, drain consumer confidence, and slow the labor market," said Ken Goldstein, labor economist at The Conference Board.
"Until August, the labor market held up surprisingly well. But the forward indicators of labor market activity are consistent with slow growth," Goldstein said. "August then may have been an off month with respect to job growth. The data suggest slow job growth ahead, but growth nonetheless. The labor market is not grinding to a halt."