24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

Planned Layoffs Down Again, At 20-Month Low

The number of planned layoffs at U.S. companies dropped for a third straight month in August and hit a 20-month low, a report showed on Thursday.

Employers announced 32,239 planned job cuts last month, down 12.5 percent from 36,855 in July, according to the report from consultants Challenger, Gray & Christmas Inc.

Source: Fox Business. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement