Latest US jobs market report now out
- 75.1k vs 23.6k
Challenger Job Cuts, released by Challenger, Grey & Christmas monthly, provides information on the number of announced corporate layoffs by industry and region. The report is an indicator used by investors to determine the strength of the labor market. A lower than expected number should be taken as positive to the USD, while a higher than expected number as negative.
Not good news for the US job sector but focus will remain on NFPs tomorrow.
