US JOB CUT ANNOUNCEMENTS ARE SKYROCKETING⚠️
US-based firms announced 57,727 job cuts in November, the third-highest number since the 2008 FINANCIAL CRISIS.
Year-to-date there have been 722,566 job cuts, the largest amount since 2009 (Financial Crisis), excluding 2020 Crisis.
⚠️US JOB CUT ANNOUNCEMENTS ARE SKYROCKETING⚠️
US-based firms announced 57,727 job cuts in November, the third-highest number since the 2008 FINANCIAL CRISIS.
Year-to-date there have been 722,566 job cuts, the largest amount since 2009 (Financial Crisis), excluding 2020 Crisis. pic.twitter.com/tBgOKmdsaJ
— Global Markets Investor (@GlobalMktObserv) December 5, 2024
Big drop in seasonally adjusted and non-seasonally adjusted continuing claims this week. The BLS seasonal adjustment factor had expected a drop of 2.2% for this week, but non-seasonally adjusted continuing claims fell by 3.5%. This, combined with a downward revision of 11,000 in… pic.twitter.com/W9DX9ONTRn
— WarnTracker 2.0 (@j77324) December 5, 2024