A year after a weak labor market boosted corporate profit margins, U.N. statistics show U.T.O.s plunged in May by 1.7 million jobs, with some companies cutting production and others closing plants.The jobs losses were smaller than the 5.5 million job losses expected by economists polled by Bloomberg, which said on Thursday the U.P. would fall below the 6.3 million mark.U.K. […]