Read Beyond Massive Job-Cuts Headlines: Labor Market Is Fine

Updated on
  • Job reductions in North America approach 81,000 since July
  • `Nothing is falling apart;' hit falls only on some industries

In the span of just 10 days, four major U.S. companies announced plans for a whopping 40,000 job cuts. And this quarter is the worst since the recession with 81,000 total.

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