US October Challenger layoffs 55.60okay vs 72.82okay prior

• Prior 72.82okay

US-based employers introduced 55,597 job cuts in October and that could be a close to 24% lower from the variety of layoffs introduced in September. That stated, it’s up nearly 51% in comparison with the October of 2023. From final month’s report, we already noticed the variety of layoffs year-to-date in 2024 surpassing all the complete for 2023. So, this continues with that development and suggests softening within the labour market this 12 months.

This text was written by Justin Low at www.ubaidahsan.com.



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