Challenger Job Cuts UP 319% YoY, Highest Ever In Non-Recession OR Are We Actually In A Recession? (Technology And Financial Sectors Lead Job Losses)

by confoundedinterest17

The Challenger, Gray and Christmas job cuts report is out for March and it revealed a year-over-year (YoY) increase in US job cuts of 319%. That is the largest increase in job cuts for a non-recession month. In other words, this feels like a recession.

Where were the job cuts in March? Technology got blasted followed by financial.

Can we get someone to get Treasury Secretary Janet Yellen to lose HER job? Silly me, of course not!