U.S.-based employers announced plans to cut 45,314 workers from their payrolls in November, according to a monthly report from global outplacement consultancy Challenger, Gray & Christmas Inc.


That marks a decline of 0.9 percent from the 45,730 planned cuts announced in October. More impressively, November's announced job cuts were 21 percent lower than the same month a year ago, when planned layoffs totaled 57,081, which was the second-highest monthly total in 2012.


November 2013 marks the second straight month that planned job cuts came in below the year-ago figure.


In 2013, employers have announced 478,428 job cuts to date, 2.5 percent fewer than the 490,806 cuts announced through the first 11 months of 2012.


The retail industry saw the heaviest job cutting in November, with 9,998 announced layoffs during the month. The majority of those planned cuts were due to the closure of the remaining Blockbuster video stores and the closure of Dominick's grocery stores in the Chicago area.


For the year, the financial sector has experienced the largest number of job cuts through November, with employers announcing 59,189 layoffs so far this year. That's up 99.6 percent from a year ago. Recent cuts have been concentrated in the mortgage lending business as banks shed many of the extra workers hired to handle the higher number of foreclosures and loan financing during the recession, the company said.