What is the equivalent of Group layers in Photoshop Elements 8?

Question

In Photoshop you can select two objects, then press CTRL-G to group the layers, but in Photoshop Elements (8) it seems you can just merge layers which is a more permanent way to connect them without the same features as grouping.

Is there another way to group layers in Photoshop elements or does this feature not exist?

Answer 1

I think there is - it's called Sets if it is indeed what you're looking for.

I'm trying to figure out how to separate them, myself. Not working for me.