US DATA: Challenger layoffs 36,855 for July, -2.0% from 37,551 in
June, and -45% from 66,414 in July’11. This is just the third time this
year employers announced fewer cuts than the same month in 2011.
Overall, employers have announced 319,946 job cuts so far this year,
“virtually even” with a year ago. July job cuts were led by employers in
the financial sector (6,156, highest since Jan).