.comment-link {margin-left:.6em;}


Economic Data (USA)

Wednesday, October 03, 2007

Challenger Report on Corporate Layoffs for September, 2007

Earlier today, the outplacement company Challenger released their report on corporate layoffs for September, 2007:

U.S. Job Cuts Announced during September, 2007: 71,739

When the corporate layoff numbers are high, consumer spending may decline, since there are less people with steady jobs.

When corporate layoffs are low, this can mean that the job market is relatively tight, which can be a harbinger of wage inflation.

Labels: , , , ,

--> www.FedPrimeRate.com Privacy Policy <--



Post a Comment

<< Home



Entire Website © 2023 FedPrimeRate.comSM

This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.