Job cuts remain elevated to end the year at 71,894 – up year/year and highlighting firms desire to continue shedding jobs into 2025.
Expect job cuts to surge in January as firms rightsize & continue outsourcing – especially in white collar areas.
Final # avail 1/5.… pic.twitter.com/skKNRNj0gX
— MacroEdge (@MacroEdgeRes) December 30, 2024
Las Vegas’ housing market had its worst year of sales since the Great Recession in 2008.#RESights #MacroEdge
— MacroEdge RESights (@RESightsbyME) December 30, 2024
The Chicago PMI survey plunged to 36.9, near the Covid lockdown lows. 👇🏼
•Prices paid rose at a slower pace; signaling expansion
•New orders fell at a faster pace; signaling contraction
•Employment fell at a slower pace; signaling contraction
•Inventories fell at a faster… pic.twitter.com/kRpFP12cqN— Kalani o Māui (@MauiBoyMacro) December 30, 2024