A jobs sign hangs above the entrance to the US Chamber of Commerce building in Washington, DC. (KAREN BLEIER/AFP/Getty Images)More
U.S. job cuts in the first half of this year are at their highest total in a decade, according to a new report from Challenger Gray & Christmas.
The global outplacement and business and executive coaching firm’s report released Wednesday found that U.S. employers announced that they will be cutting 140,577 jobs in the second quarter. Though that figure is down 26% from the first quarter, it is a 34% jump from last year. Those additional job cuts in the second quarter brings the first-half total this year to 330,987, which is a 35% increase from the same period last year.
“The second quarter is historically the slowest