US October Challenger layoffs 55.60k vs 72.82k prior ...Middle East

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US October Challenger layoffs 55.60k vs 72.82k prior
source : forex live ( Middle East ) () 28
Prior 72.82kUS-based employers announced 55,597 job cuts in October and that is a near 24% decrease from the number of layoffs announced in September. That said, it is up almost 51% compared to the October of 2023. From last month's report, we already saw the number of layoffs year-to-date in 2024 surpassing the entire total for 2023. So, this continues with that trend and suggests softening in the labour market this year. This article was written by Justin Low at www.forexlive.com.

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