Planned Job Cuts by Illinois Employers Plummet in July
(Chicago Sun Times) — Planned job cuts announced by Illinois-based employers fell more than five-fold over the month in August, according to the latest report from Challenger, Gray & Christmas.
Employers announced plans to cut 448 jobs, down from 2,360 in July and from 2,878 in August 2009, the Chicago-based outplacement firm said today.
Nationally, announced cuts fell 17 percent over the month to 34,768, the lowest monthly total in more than a decade. Cuts were down 55 percent from August 2009, when they stood at 76,456. Employers have announced 374,121 job cuts through August, down 65 percent from the more than 1 million announced during the same period last year.
SEE ALSO
- Lil Scrappy Opens Up About Bambi’s Steamy Hot Tub Kiss With Benzino During Carlos King Interview
- Why Actress Amber Iman Calls ‘Goddess’ A Love Letter To Black Women In Theater [Exclusive]
- Tyler Perry And Byron Allen Are In Talks To Acquire BET From Paramount
- Surviving Trump: Can Black And White Women’s Friendships Endure Another Trump Administration?
- Watch Law Roach Gag Over Zendaya & Anna Sawai’s Almost-Identical Met Gala Looks — ‘I’m Glad We Came Early’
