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percent more than the 103,522 announce in the same month ayear ago. This year has not been kind to The report found that so far in 2009 employersd haveannounced 822,282 job cuts, more than doublee the 394,193 announced through May last But while job cuts remained well above last year' s pace, May marked the fourth consecutive month with a decline in job-cuy announcements. Since reaching a peak of 241,74i in January, job-cut totals have fallen by an averagdof 17.5 percent per month. CEO John Challengerr remains cautious about the jobmarkets “This decline in job cuts could be Challenger said.
“The second quarted is typically the lowest quarter of the year when it comesx tojob cuts. Corporats downsizing may continue to remainb slow during thesummer months, but if the past is any we could see the pace accelerate again in the latted half of the third quarter through the end of the
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