Cointime reports: US Challenger job cuts fell 71.3% year-on-year in October, compared with a 19.9% decline in the prior reading. The October figure marks a sharp swing from the previous month’s year-on-year change, indicating a much smaller pace of announced layoffs than a year earlier. The prior reading showed a 19.9% year-on-year decline.
US Challenger October job cuts fall 71.3% year-on-year
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
9m ago
S&P 500 Falls 2.0% to 7,498.13
9m ago
Nasdaq falls 3.3% as AI stocks sell off on Democratic midterm sweep
10m ago
US memory chip stocks extend selloff; SanDisk plunges over 17%
11m ago
Fed’s Barkin: Rate Hikes Can Affect Demand and Ultimately Oil Prices
13m ago
VIX Spikes 40% to 23.29
39m ago
Nvidia Falls 5.6%, Hitting Intraday Low Since April