Thursday, August 4, 2016

Planned job layoffs rose 19 percent in July but still down 8.7 percent year-to-date

The pace of layoffs ticked up 19 percent in July, as employers announced plans to shed 45,346 workers from their payrolls.  To date, employers have announced 359,100 job cuts in 2016. That is down 8.7 percent from the 393,368 job cuts announced from January through July 2015.

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