Layoffs Reach Highest Level In 2 Years

layoffs highest in two years
layoffs highest in two years

Layoffs surged in September to their highest level in two years, a new report shows, as employers cut nearly 116,000 workers last month.

Reductions among the ranks of the military accounted for a large portion of September's job cuts, according the report, compiled by Challenger, Gray & Christmas, a Chicago-based employment-services firm.