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US December Challenger layoffs 38.79k vs 57.73k prior

  • Prior 57.73k

The headline figure is 11.4% higher than what is was in December a year ago. That brings the total number of job cuts for 2024 to 761,358 and that is markedly higher than the 2023 figure of 721,677 layoffs. If you exclude the blip during Covid in 2020, this will be the highest yearly total for job cuts since 2009.

This article was written by Justin Low at www.forexlive.com.

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