Job Losses In Financial Sector Approach Recession Levels

Job Losses In Financial Sector Approach Recession Levels

Corporate America has announced 515,855 job cuts year-to-date through August, with the financial sector accounting for 20% of that total. Job cuts in the financial sector through August have totaled 102,758, on a pace to eclipse the annual record of 116,515 set in 2001, a recession year.

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