The Employment Report for April, 2014: Job Cuts Drop to Lowest Levels in 20 Years, Unemployment Remains Stable reports: According to the latest from the Bureau of Labor Statistics, the total number of jobs created last month on non-farm payrolls went up by 192,000. The overall unemployment rate remained stable at 6.7 percent. (, 4/4/14,

Seattle, WA (PRWEB) April 15, 2014

Continuing the trend since December, the unemployment rate has remained basically unchanged. However, the big news from last month was the job cut announcement at the close of the first quarter.

The global outplacement firm, Challenger, Grey & Christmas released the first quarter numbers for job cuts last week. The month came to an end showing the lowest monthly total job cuts since January of 2013, December was the last month to see less. John A. Challenger, chief executive officer of Challenger, Gray & Christmas, in a press release published by the company explained that, "employers have been well below that pace this year, suggesting that layoffs continue to decline in a recovery that is approaching its five-year anniversary."

The news caused excitement as first-quarter job cuts haven't been this low since 1995, two decades ago. (, 4/3/14,

Del Johnston, Manager of Client Relations at comments, "The reason that this specific job cut number is meaningful is because the first quarter is typically when the most layoffs occur. This can be due to the end of temporary or seasonal work ending after the holidays. Regardless, the fact that the first quarter remained stable and there has not been that initial dip after the first of the year is a good sign from employers for job seekers."

The research, led by Minneapolis Heart Institute Foundation Research Fellow Naohiko Nemoto, MD, was received at the American College of Cardiology (ACC) at the end of March.

"Novel device research is a great benefit of a stabilizing economy," John Burkhardt Managing Director of comments. "New devices will mean even more demand for positions, adding even more stability to this sector and those surrounding it. This is a very positive shift and very good news, over all."


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