'No Hire, No Fire' Economy Continues As Job Cuts Tumble, Claims Near Record Lows

'No Hire, No Fire' Economy Continues As Job Cuts Tumble, Claims Near Record Lows U.S.-based employers announced 60,620 job cuts in March, up 25% from 48,307 cuts announced in February. It is down 78% from the 275,240 cuts announced during the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas. “Removing the wave of federal layoffs announced in February and March of last year, job cut ...

By Tyler Durden