• Prior 40.71k

US layoffs fall to the lowest level in nearly a year and this marks the first year-on-year decrease in job cuts since May 2022. That said, there is still more than three times as many announced job cuts so far this year (481,906) compared to the first seven months of last year (159,021). That gives a little bit more perspective on things at the moment.

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