June job cuts lowest in 15 months - Atlanta Business Chronicle:

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American employers cut 74,3933 jobs last month. That is 33 percent lowefr thanthe 111,182 jobs cut in May, accordintg to Challenger. June’s cuts signaler the first time sinc September that the monthly total was less than Job cuts have declinexd each month since reachinga seven-year high of 241,749 in But despite the decline, the 896,675r lost jobs in the first six months of 2009 is the larges January-to-June total since Chicago-based Challenger begahn tracking job cuts in 1989. “Thiz recent drop-off may be indicative of an overal l downward trend inlayofdf activity,” CEO John A. Challenger said in a statement.
“Wse will probably see job cut activitu increase from current levels in themonthsa ahead, but job cuts in the seconf half of the year are likely to be lower than the first half.” Government and automotive sectors have been the hardestg hit, accounting for one in every four jobs Last year the majority of jobs were lost in the financialk sector.