Wednesday, March 2, 2011

Corporate layoff activity remains low

The Challenger, Gray & Christmas tally of announced corporate layoffs in February came in a bit higher than expected, but that is well within the range of random noise for this series. Nothing here to suggest any change in the fundamentals of the job market. The important thing is that corporations have most likely completed most or all of their downsizing, and are thus primed for a new cycle of hiring.

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