June Job Cut Report Due Wednesday, July 3
Monthly job cuts declined for the third consecutive month in May, as U.S.-based employers announced plans to trim payrolls by 36,398 during the month, 4.5 percent fewer than 38,121 cuts in April. The May total was 41 percent lower than the same month a year ago, when employers slashed payrolls by 61,887. Global outplacement consultancy Challenger, Gray & Christmas, Inc. will release its report on June job cuts on Wednesday, July 3, at 7:30 a.m. ET.
June CEO Report