Job cuts announced by U.S. employers fell in July from a year earlier, a sign of improvement in the labor market.
Planned firings dropped 57 percent to 41,676 from 97,373 in July 2009, according to figures released today by Chicago-based Challenger, Gray & Christmas Inc.
Job and income growth are needed to encourage Americans to spend and help revive an economy that’s shown signs of slowing. While planned job-cut announcements have posted their third straight month-to-month gain, they’re hovering close to the seven-year low reached in April.
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Dean Popplewell
He has a deep understanding of market fundamentals and the impact of global events on capital markets.
He is respected among professional traders for his skilled analysis and career history as global head
of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean
has played an instrumental role in driving awareness of the forex market as an emerging asset class
for retail investors, as well as providing expert counsel to a number of internal teams on how to best
serve clients and industry stakeholders.
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