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Challenger Data Show Layoffs Soaring and Hirings Slumping
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Challenger Data Show Layoffs Soaring and Hirings Slumping

“Economic conditions” are behind surging layoff announcements

David Rosenberg's avatar
David Rosenberg
Dec 06, 2024
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Early Morning with Dave
Early Morning with Dave
Challenger Data Show Layoffs Soaring and Hirings Slumping
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Highlights

  • “Economic conditions” are behind surging layoff announcements

  • Real-time rents are deflating, and it’s a matter of time before the CPI “catches down”

  • Uneven K-shaped recovery weighed on Democrats in the election

  • European equities are increasingly disassociated from economic reality

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