NEW YORK (Reuters) - U.S. private employers slashed 79,000 jobs in June while planned layoffs at U.S. firms rose nearly 50 percent above year-ago levels, according to data that may spell bad news for a government payrolls report this week.
Wednesday's data brought some brighter news as well, however, with a boost in demand for aircraft lifting new orders at U.S. factories by an unexpectedly large 0.6 percent in May.
Also, U.S. mortgage applications rose last week with help from lower home loan rates , though the bounce follows a 6-1/2-year low the prior week.
Full Story: U.S. jobs picture grim, housing struggles (Reuters)
Wednesday's data brought some brighter news as well, however, with a boost in demand for aircraft lifting new orders at U.S. factories by an unexpectedly large 0.6 percent in May.
Also, U.S. mortgage applications rose last week with help from lower home loan rates , though the bounce follows a 6-1/2-year low the prior week.
Full Story: U.S. jobs picture grim, housing struggles (Reuters)
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