- -20.7% vs +11.9% prior
- Total layoffs to date 450,531, -5.85 y/y
- Biggest layoffs came in consumer products that lost 5,134, followed by healthcare -5,124
The report notes that although retailers have cut around 9.5k over the last two months they are hiring tens of thousands of seasonal workers for the holidays. As always at this time of year we have to be aware of the seasonals having an impact on the jobs numbers through Dec and Jan.
US Challenger layoffs 04 12 2014
