September Job Cuts Inch Up To 37,151

The pace of downsizing remained virtually unchanged in September as employers announced plans to cut 37,151 jobs during the month; a seven percent increase from the 34,768 job cuts reported in August.

The September figure is the second lowest of the year and comes on the heels of the lowest monthly job-cut total since June 2000 (17,241), according to the report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc. Last month’s total was 44 percent lower than the 66,404 job cuts announced in September 2009.

View Full Report Here: http://www.challengergray.com/press/PressRelease.aspx?PressUid=146

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