US December Challenger job cuts y/y -3.6% vs +30.1% prior

Author: Justin Low | Category: News

Latest data released by Challenger, Gray, & Christmas, Inc. - 4 January 2018

  • Layoffs 32.4k vs 35.0k prior
US jobs cuts in 2017 were the lowest since 1990. The total jobs cut on the year was 418,770.

As mentioned in the calendar preview, the data just provides a glimpse into labour market conditions in the US economy - not a very strong indicative data point to be fair.

The report can be found here.

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