US January Challenger layoffs 80k vs 77k prior

Author: Justin Low | Category: News

Latest data released by Challenger, Gray, and Christmas Inc

Invest in yourself. See our forex education hub.US-based employers announced another 79,552 job cuts in January with the majority of cuts this time around led by the aerospace and defense industry - 29,100 reductions.

That said, despite cuts being higher than average last month, there are good news in that there is some levelling off in announcements elsewhere - which could point towards a recovery in the coming months if sustained.

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