Challenger: Job Cuts Fall For Third Consecutive Month

Monthly job cuts declined for the third consecutive month in May, as U.S.-based employers announced plans to trim payrolls by 36,398 during the month, 4.5 percent fewer than 38,121 cuts in April. The May total was 41 percent lower than the same month a year ago, when employers slashed payrolls b…

Read more from the original source:
Challenger: Job Cuts Fall For Third Consecutive Month