• Prior 80.09k

US layoffs fall to a seven-month low in June, as employers were seen cutting 40,709 jobs – down 49% compared to May. Still, the number for the month is well above that of the same period last year (32,517 job cuts). The year-to-date figure shows 458,209 job cuts so far and that is well above the 133,211 job cuts announced in the first six months of 2022.

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