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US: Challenger Job Cuts Drop in March

Adel 1 April, 2021 5:07 pm Breaking News, Market Update

Planned job cuts in the US-based employers dropped to 30,603 in March from 34,531 in February, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday.

This reading represented an 86% decline from the 222,288 job cuts announced in the same month last year when businesses were forced to shut down due to COVID-19.

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