• -24.40% y/y vs -20.70% prior

Layoffs fall to the lowest in 14 years, says Challenger Gray who run the report, and we could see the lowest job cut year since 1997.

Not a big market mover and no real reflection on NFP, but it’s showing the current strong state of employment in the US.

Challenger job cuts by sector 02 10 2014

Challenger job cuts by sector 02 10 2014

US Challenger Gray job cuts report 02 10 2014

US Challenger Gray job cuts report 02 10 2014