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OPINION

Pace of US Layoffs Lowest Since 2000: Challenger

Townhall Staff
Townhall Staff | Jul 06, 2011
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Pace of US Layoffs Lowest Since 2000: Challenger
Planned job cuts rose 11.6 percent to 41,432 in June, but the overall pace of downsizing fell to its lowest level in 11 years, according to a monthly survey by Challenger, Gray & Christmas.
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The mid-year total of 245,806 layoffs is the lowest since the turn of the century, according to the report, which noted that since a lull in April, companies have been looking to increase the pace of job cuts in May and June.

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