Back to News Events
Employment
LOW IMPACTUS Challenger Job Cuts y/y
Monitor US Challenger Job Cuts y/y to gauge early labor market trends and potential economic shifts.
Overview
These are preliminary figures, which typically show limited short-term correlation with overall labor market conditions.
Key Information
What it Measures
This indicates the change in the number of job layoffs announced by companies.
Usual Effect
A result that is less than the forecast is favorable for the currency.
Source & Frequency
Challenger, Gray & Christmas, Inc. (latest release) - https://www.challengergray.com/ • Data is released monthly, typically on the first Thursday following the end of the month.
How Data is Derived
N/A
Also Known As
Job Cut Announcements
Acronym
N/A