Announced U.S. Job Cuts Drop 37% From Year Ago, Challenger Says
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Employers in the U.S. announced fewer job cuts in August than the same month last year as government agencies and retailers pared reductions.
Planned firings decreased 37 percent from August 2011 to 32,239, according to figures released today by Chicago-based Challenger, Gray & Christmas Inc. It was the fewest for any month since December 2010.