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Labor Statistics United States

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BUSINESS
June 10, 1997 | (Bloomberg News)
The number of planned job cuts by major U.S. businesses declined in May from a year earlier as the unemployment rate sank to a quarter-century low, a survey found. Planned cuts fell 31.9% last month, to 21,004 from 30,845 during May 1996, according to the monthly survey by employment firm Challenger, Gray & Christmas. For the year to date, announced job cuts are running about 26% lower than the first five months of 1995.
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BUSINESS
June 10, 1997 | (Bloomberg News)
The number of planned job cuts by major U.S. businesses declined in May from a year earlier as the unemployment rate sank to a quarter-century low, a survey found. Planned cuts fell 31.9% last month, to 21,004 from 30,845 during May 1996, according to the monthly survey by employment firm Challenger, Gray & Christmas. For the year to date, announced job cuts are running about 26% lower than the first five months of 1995.
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BUSINESS
June 11, 1985
According to the Bureau of Labor Statistics, the United States ranked ninth in a survey of 10 industrial nations. Japan's 9.5% growth in productivity from the previous year outpaced the increases of the other countries surveyed. The bureau reported that U.S. growth exceeded only that of Norway, which rose by 1.7%. Unit labor costs, which reflect changes in productivity and hourly compensation, remained unchanged in the United States.
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