Layoffs hit financial sector in June

David Brancaccio Jul 3, 2013
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Layoffs hit financial sector in June

David Brancaccio Jul 3, 2013
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ADP, the payroll company, says private sector payrolls were up by 188,000 last month. A separate report from the outplacement firm Challenger Grey & Christmas shows layoffs also ticked upward in June, in part due to the sequester. The government’s official report on jobs and unemployment comes out Friday.

John Challenger, CEO of Challenger Grey & Christmas, joins Marketplace Morning Report host David Brancaccio to discuss which sectors are going strong and which are cutting back. 

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