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Report: Cheap oil has killed nearly 200K US jobs

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A report published yesterday by outplacement firm Challenger, Gray & Christmas found cheap oil has fueled a massive wave of job cuts.

Since oil prices began to fall in mid-2014, cheap oil prices have been cited for 195,000 layoffs in the United States.

This year alone there's been about 95,000 cuts.

Read more from CNNMoney.

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