NEW YORK Dec 5 The number of planned layoffs at
U.S. firms dipped by less than 1 percent in November, with the
retail sector seeing the greatest number of job losses, a report
on Thursday showed.
Employers announced 45,314 layoffs last month, down from
45,730 in October, according to the report from consultants
Challenger, Gray & Christmas, Inc.
The November figure fell 21 percent from a year earlier,
when planned layoffs totaled 57,081, and marked the second month
in a row that announced workforce reductions dropped year over
For 2013 so far, employers have announced 478,428 cuts, down
2.5 percent from the 490,806 seen in the first 11 months of last
year. For all of 2012, planned layoffs totaled 523,362.
The retail sector was the most active for planned cuts last
month, with 9,998, largely as a result of DISH Network Corp.'s
closure of its remaining Blockbuster video stores and
Safeway Inc.'s plans for shuttering of all of its
Dominick's grocery stores in the Chicago area, the report said.
Transportation came in second with 5,901 cuts, while
aerospace and defense sector was third with 4,l74.
The figures come one day ahead of the key U.S. non-farm
payrolls report, which is forecast to show the economy added
180,000 jobs in November with the unemployment rate edging down
to 7.2 percent from its current 7.3 percent.
On Wednesday, payrolls processor ADP reported private
employers added 215,000 jobs last month, well above market