The Traderszone Network

Published in TZ Latest News 4 February, 2016 by The TZ Newswire Staff

US Challenger job cuts Jan yy 41.6% vs -27.6% prev

Latest US jobs market report now out
– 75.1k vs 23.6k

Challenger Job Cuts, released by Challenger, Grey &
Christmas monthly, provides information on the number of announced
corporate layoffs by industry and region. The report is an indicator
used by investors to determine the strength of the labor market. A lower
than expected number should be taken as positive to the USD, while a
higher than expected number as negative.