Arab Today, arab today us job cuts rise in june but 2013 6 month total is down
Last Updated : GMT 21:48:36
Arab Today, arab today
Arab Today, arab today

US job cuts rise in June, but 2013 6 month total is down

Arab Today, arab today

Arab Today, arab today US job cuts rise in June, but 2013 6 month total is down

Chicago - UPI

Layoffs in the U.S. job market rose May to June, but shrank in the first half of the year compared with the first half of 2012, a private employment firm said. Outplacement firm Challenger, Gray & Christmas said there were 39,372 announced layoffs in June, which was 8.2 percent higher than the 36,398 announced in May. From January through June there were 258,932 job cuts announced, which is 8.5 percent fewer than the first six months of 2012, when announced job cuts came to 283,091. The firm said from 2000 to 2013 only 2011\'s first half of the year job-cut total of 245,806 was lower than this year\'s total at the half-way point of the year. The improvement trend has not been shared by every business sector, however. Of the top five job-cutting industries for the year, the financial service sector has seen 82 percent more job cuts January through June this year compared with the same period of 2012. In the retail sector, the six-month total for 2013 is 38 percent higher than the same period of 2012. More jobs cuts were also posted by healthcare during the same comparison period, up 62 percent. In the computer industry, job-cut announcements surged in June to 10,133, contributing more than 50 percent of the total for the industry to date in 2013, which is 19,930. Education also had a tough month in June with 5,629 announced layoffs. That\'s a significant portion of its 12,656 announced layoffs year to date. But compared to 2012, the figures look promising. There were 24,815 announced layoffs in 2012 in the first six months of the year. \"Threats to job security still exist ... in the form of federal spending cutbacks stemming from sequestration as well as potential fallout from implementation of health care reform,\" John Challenger, chief executive officer of Challenger, Gray & Christmas, said in a statement. Challenger said the most job cuts related to healthcare reform have been the direct result of lower Medicare reimbursements, which have contributed to cuts in healthcare jobs. \"As 2014 approaches, we could see more cuts related to healthcare reform as smaller employers, who are mandated to provide coverage if they have 50 or more full-time workers, cut the number of workers and/or hours to remain under the 50-worker threshold,\" Challenger said. While small firms could make cuts to duck under the 50-employee threshold, larger firms could cut workers simply to find savings to make up for increased expenses brought about by healthcare reform, Challenger, Gray & Christmas 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 us job cuts rise in june but 2013 6 month total is down Arab Today, arab today us job cuts rise in june but 2013 6 month total is down

 



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 us job cuts rise in june but 2013 6 month total is down Arab Today, arab today us job cuts rise in june but 2013 6 month total is down

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
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 Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today Saudi clerics use Twitter, textbooks

GMT 10:13 2017 Tuesday ,26 September

Saudi clerics use Twitter, textbooks
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today China refuses visa to elderly India runner

GMT 15:01 2017 Tuesday ,26 September

China refuses visa to elderly India runner
Arab Today, arab today UAE to open its first nuclear reactor in 2018

GMT 19:11 2017 Tuesday ,26 September

UAE to open its first nuclear reactor in 2018
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 Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Mai Kassab happy for participating in new film

GMT 09:33 2017 Friday ,22 September

Mai Kassab happy for participating in new film
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 16:08 2017 Monday ,25 September

'World's heaviest woman' dies

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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