US December Challenger layoffs 34.82k vs 45.51k prior

<ul><li>Prior 45.51k</li></ul><p>US-based employers announced 34,817 job cuts in December and that brings the total number of layoffs in 2023 to 721,677 jobs. For some context, that is a 199% increase from the 363,284 layoffs announced in 2022. So, if you want any further evidence that the US job market is loosening, this is a decent indication of that.</p>

This article was written by Justin Low at www.forexlive.com.