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Bankruptcy-related job losses are grimly reminiscent of the Great Recession

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The recent spate of bankruptcies in corporate America is taking its toll.

In the first seven months of the year, U.S.-based companies announced 42,937 job cuts due to bankruptcy, up 40% on the same period last year and nearly 20% higher than all bankruptcy-related job losses last year, a report released this month…



Source marketwatch.com

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