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April 5, 2019 04:50 pm

The US Just Had the Most Q1 Layoffs in a Decade

The U.S. saw its highest level of layoffs in a first quarter since 2009, data from staffing firm Challenger, Gray & Christmas released this week showed. From a report: Employers cut 190,410 jobs in the first 3 months of the year -- 10.3% higher than the number of layoffs announced in the fourth quarter of 2018 and 35.6% higher than job cuts announced in the same quarter of 2018. It's the highest number of job cuts in a quarter since 2015. The financial industry saw the third highest number of layoffs and the year-to-date total was 239% higher than it was in 2018.

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Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/F8vrgkwooMI/the-us-just-had-the-most-q1-layoffs-in-a-decade

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