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Thursday, November 5, 2015

Planned Layoffs Fell In September

Layoff announcements fell in October to 50,504 vs September's 58,877 and vs the third-quarter monthly average of 68,586. October's announcements were concentrated in the retail and energy sectors, the latter being hurt of course by low oil prices. Challenger estimates that just a little more than 1/4 of October's announcements were tied to oil prices.

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