Layoff pace in December hit lowest level since mid-2024, Challenger says

Business

Layoff Pace In December Hit Lowest Level Since Mid-2024, Challenger Says

By CNBC

Announced layoffs fell sharply in December, hitting a 17-month low in a potential sign that the labor market is at least stabilizing, consulting firm Challenger, Gray & Christmas reported Thursday. Planned job cuts totaled 35,553 for the month, a 50% ...Read more