Another month, another 300,000 jobs lost
U.S. Economy: Companies Cut More Jobs Than Forecast in August
By Timothy R. Homan and Shobhana Chandra
Sept. 2 (Bloomberg) -- U.S. companies cut more jobs than forecast in August and boosted their workers’ productivity the most since 2003 in the second quarter, signaling employers are seeking to cut costs further even as the economy stabilizes.
A survey by ADP Employer Services showed businesses reduced payrolls by 298,000 after a 360,000 decline in July...
By Timothy R. Homan and Shobhana Chandra
Sept. 2 (Bloomberg) -- U.S. companies cut more jobs than forecast in August and boosted their workers’ productivity the most since 2003 in the second quarter, signaling employers are seeking to cut costs further even as the economy stabilizes.
A survey by ADP Employer Services showed businesses reduced payrolls by 298,000 after a 360,000 decline in July...