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Factory job cuts in June neared financial crisis and Covid levels, S&P says

Economy CNBC By CNBC 23 Jun 2026 16:40 1 min read
Factory job cuts in June neared financial crisis and Covid levels, S&P says

Though the firm's manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.

Though the firm's manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.

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