Labor & Economic News Blog
Wednesday, March 04, 2009
U.S. planned layoffs in February fall from 7-year peak
U.S. planned layoffs in February fall from 7-year peakPlanned layoffs at U.S. firms fell 23 percent in February from January's seven-year peak, but remained well above long term averages as the protracted U.S. recession took a heavy toll on employment, a report showed on Wednesday.
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