Wednesday, April 4, 2007

U.S. layoffs fall 42 pct in March vs Feb-survey

(Reuters) - March job cuts were 25 percent lower than in the same month a year ago, when 64,975 job cuts were announced and the lowest level since last July's 37,178, Challenger said.

In the first quarter, job cuts totaled 195,986, down 23 percent from the 255,878 job cuts announced in the first three months of 2006 and 2.5 percent lower than the fourth quarter of last year.


Read more at Reuters.com Economic News

No comments: