Arab Today, arab today employers slow down layoff announcements
Last Updated : GMT 11:06:47
Arab Today, arab today
Arab Today, arab today

Employers slow down layoff announcements

Arab Today, arab today

Arab Today, arab today Employers slow down layoff announcements

Chicago - UPI

For the third time in the year, job cuts announced by U.S. firms in July were lower than the same month from the previous year, a research firm said. Outplacement specialist Challenger, Gray and Christmas said U.S. employers announced 36,855 layoffs in July, down from the 37,551 announced in June and down 45 percent from the 66,414 announced in July 2011. For 2012, January through July, 319,946 layoffs have been announced, slightly more than the 312,220 announced January through July in 2011. \"The pace of downsizing is virtually even with a year ago,\" the firm said. Financial firms led all job sectors in July with 6,156 job cuts announced. The ongoing financial crisis in Europe has challenged U.S. banks, where layoffs, totaling 26,352 this year, are 79 percent higher than the first seven months of 2011. For the year, however, the computer industry ranks first in job layoffs. The total number of job cuts announced for January through July is 35,006 which is 214 percent above the same seven months of 2011. The bulk of the 2012 layoffs in the computer industry, however, were announced by one firm, Hewlett-Packard, which said it had plans to cut 27,000 jobs. In the transportation sector, there have been 29,965 job cuts announced this year, a 323 percent increase over January through July in 2011. Retail is close behind transportation with 27,925 layoffs announced this year, 4,135 of them announced in July. \"While the decline in job cuts over the last two months is good news, it is not unusual to see these types of slowdowns during the summer months, when business activity of all types seems to lag as key decision makers tend to be out of the office more frequently,\" said Chief Executive Officer John Challenger in a statement. \"Employers may be in a pre-election holding pattern. Historically, the fourth quarter tends to be the heaviest job-cutting period of the year, so, this may simply be the lull before the storm,\" Challenger said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today employers slow down layoff announcements Arab Today, arab today employers slow down layoff announcements

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today employers slow down layoff announcements Arab Today, arab today employers slow down layoff announcements

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Barcelona through George Orwell’s eyes

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Residents get glimpse of Raqa in ruins

GMT 07:10 2017 Saturday ,21 October

Residents get glimpse of Raqa in ruins
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 09:56 2017 Friday ,20 October

Privacy Groups Warn of Perils

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday