U.S. planned layoffs at eight-month high

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The numbe rof planned layoffs at United States companies is at an eight month high, said the Chicago Tribune.

Employers announced 61,887 job cuts this month, a surge of 52.6 percent from 40,559 in April, according to the report from consultants Challenger, Gray & Christmas, Inc. It was the highest level since September.

Read more at the Chicago Tribune.