11/6/2013

Planned layoffs across the U.S. economy were up 13.5% last month from September but were down from a year before, according to data from consultants Challenger, Gray & Christmas. The financial industry extended its record this year as one of the hardest-hit sectors, with 8,717 layoffs announced as fewer workers are needed to deal with distressed home mortgages and foreclosures.

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Reuters

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