Joined Nov 11, 2007
31,929 Blog Posts

The Challenger, Gray, & Christmas Report Shows Planned Layoffs Have Fallen to the Lowest Levels of the Year

“NEW YORK (Reuters) – The number of planned layoffs at U.S. firms fell to their lowest level of the year in April, suggesting slowing economic growth has not translated into significant job losses, a report showed on Thursday.

Employers announced 38,121 planned job cuts last month, down nearly 23 percent from 49,255 in March, according to the report from consultants Challenger, Gray & Christmas, Inc. It was the lowest level since last December.

April’s layoffs were also down 6 percent from a year ago…..”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter