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Challenger: 34,768 Layoffs in Aug vs. 41,676 July

WASHINGTON - There were 34,768 layoff intentions announced in August, down 17% from the 41,676 layoffs in July and down sharply from the 76,454 job cuts announced in August 2009, job placement firm Challenger, Gray and Christmas, Inc. said in a report released Wednesday. The data are not seasonally adjusted....