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


Economic Data (USA)

Thursday, February 04, 2016

Challenger Report on Corporate Layoffs for January 2016

Earlier today, the global outplacement consultancy Challenger, Gray and Christmas, Inc. released its report on Corporate Layoffs for January 2016:


Job Cuts Announced During January 2016: 75,114
Last month: 23,622
Change from last month: +218%


If corporate layoffs are high, consumer spending may decline, since there would be fewer 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.

Click here to read the full Challenger, Gray and Christmas report.

Labels: , , , ,

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




Entire Website © 2024 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.