November Layoff Plans Rise, Survey Says

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Planned U.S. layoffs in November were the highest since July as the automotive sector led all industries in job cuts, a report said on Wednesday.


November job cuts surged to 99,279, up 22 percent from 81,301 in October, said Challenger, Gray & Christmas Inc., an employment consulting firm. However November’s planned cuts are 5 percent less than the 104,530 announced in November 2004.


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