US Challenger jobs report out earlier 3 Aug
- yy -37.6% vs -19.3% prev
All eyes and my fingers on Carney headlines but now posting for info
Challenger Job Cuts, released by Challenger, Grey & Christmas monthly, provides information on the number of announced corporate layoffs by industry and region. The report is an indicator used by investors to determine the strength of the labour market.
A lower than expected number should be taken as positive to the USD, while a higher than expected number as negative
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