It’s seems it’s going to be another tough Labor Day for labor. The U.S. unemployment rate is 8.2 percent.

In the private sector, many companies are shedding headcount less due to a flailing economy, as in previous years, but because of the state of its business or industry, said John Challenger, CEO of executive outplacement firm Challenger, Gray and Christmas.

Some of the largest corporations have announced layoffs this week.

Source: ABCnews