Planned Job Cuts Decline in July

Chicago, IL, Aug. 1, 2013 -- Employers planned fewer job cuts in July, according to outplacement firm Challenger, Gray & Christmas.

The firm said announced cuts were down down 4.2% from June levels. Last month's total was 2.3% higher than a year ago.

Employers have now announced 296,633 job cuts since January 1, which is 7.3% fewer than the 319,946 job cuts announced in the first seven months of 2012.

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