Layoff data from Challenger Gray
- 93.2% vs 2.9% prior y/y
- 30k of those layoff's are from HP
- Q3 layoffs 205.76k. Largest quarter since Q3 2009
September layoff intentions
Layoffs in this report don't necessarily translate into an exact number of actual job losses. It's not often a market mover but being bad news it could keep the pressure on USD
