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Report:  Worst of US Job Losses Over

The U.S. economy may have seen the worst of the job-loss crisis.

A private research group, The Conference Board, said Monday that the U.S. job market weakened again last month but that the economy shed jobs at a slower pace.

Still, the group warned more U.S. jobs will disappear over the next several months.

The Conference Board Employment Trends Index has now fallen for 20 months in a row.

The index looks at a variety of statistics, including the number of people being hired by the temporary-help industry and the number of Americans who say they are having a hard time getting jobs.

The U.S. Labor Department announced Friday that employers laid off 663,000 workers last month while the jobless rate surged to 8.5 percent.

Some information for this report was provided by Reuters.