U.S. Companies Cut 33,000 Jobs in August

Sept. 4 (Bloomberg) — Companies in the U.S. cut an estimated 33,000 jobs in August, a private report based on payroll data showed today.The decrease followed a revised gain of 1,000 for the prior month that was lower than previously estimated, ADP Employer Services said.The extended housing slump, high raw material costs and weaker demand [...] continue reading world news