Latest data released by Challenger, Gray, and Christmas Inc - 6 December 2018
- Prior +153.6%
- Layoffs 53.07k vs 75.64k prior
The data provides information on the number of announced corporate layoffs by industry and region and acts as a general labour market indicator. It's hard to read anything into the release here as it tends to be rather volatile but layoffs remain rather high despite the tight labour market. However, as mentioned, it's not really an accurate reflection of what is to be expected ahead of the non-farm payrolls release tomorrow so take the readings here with a pinch of salt.
