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US Hiring Plans Plummet As Job Cuts Accumulate
Job cuts were the lowest of 2023 in April, according to figures released on Thursday.
That's where the good news stopped. Last month's 66,995 cuts marked a 176% increase from last April, even as the total was 25% lower than March's sum.
That's all according to the latest data from Challenger, Gray & Christmas.
This is shaping up to be a "banner" year (note the scare quotes) for layoffs. At nearly 340,000, job cuts over the first four months of the calendar were higher only in 2009 and 20
I think they are finally killing it off. The economy.