Challenger, Gray & Christmas offering free job advice hotline Wednesday
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Year-to-date job cuts are at the highest level since 2020, says Challenger Gray and Christmas SVP
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A recent report from Challenger, Gray & Christmas reveals that employers announced 1.1 million job cuts in the first 11 months of this year, marking a 54% increase compared to the same period last year. However, job cuts have decreased from October to November, indicating a cooling job market. This trend heightens expectations for the Federal Reserve to cut interest rates in their upcoming meeting, aligning with President Trump's desires. #JobCuts #Economy #FederalReserve #InterestRates #JobMark
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