The Traderszone Network

Published in TZ Latest News 5 March, 2015 by The TZ Newswire Staff

Challenger Job Cuts Surge 19%; Energy Sector Is 38% Of Total: "Falling Oil Hasn’t Resulted In Higher Retail Spending"

A month ago we asked if, perchance, the BLS had simply forgotten to add any of the job losses in the energy sector in January, when it reported a drop of just 1900 jobs in the entire Oil and Gas Extraction space, compared to 18K actual announcements, and 21,300 job cuts in the sector as reported by Challenger.

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