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U.S. companies pared back hiring plans in April, with employers announcing the fewest new hires in the first four months of the year since 2016, according to a report released Thursday.
Monthly data out by Challenger, Gray & Christmas showed firms announced plans to hire 9,802 workers last month, the lowest figure for the month of April since 2013. At the same time, job cuts also fell, with employers planning to trim positions by 64,794, a 28% drop from March.
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