“Highlights
Layoff announcements were very limited in December which hints at strength for tomorrow’s employment report. Challenger’s count totals 32,556 vs 57,081 in November. December’s total is the lowest since August and is the third lowest of the whole recovery!
Announcements in December were heaviest in the financial sector reflecting an 11,000 announcement from Citigroup. For 2012 as a whole, layoff announcements total 523,362, down from 606,082 in 2011 for the lowest annual total since 1997…”
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