The reduction in the number of layoffs announced by US companies last month and the increase in the number of planned recruiters may ease market concerns about a more obvious slowdown in the labor market. According to data from Challenger, Gray & Christmas Inc., the company announced the reduction of 35,553 jobs in December, the lowest level since July 2024, and a marked drop from the previous two-month high. In addition, the employer also announced plans to add nearly 10,500 new jobs, the highest level in the same period in history since 2022. Since relevant information is already available on the Challenger website, the data was released earlier than originally scheduled.

The reduction in the number of layoffs announced by US companies last month and the increase in the number of planned recruiters may ease market concerns about a more obvious slowdown in the labor market. According to data from Challenger, Gray & Christmas Inc., the company announced the reduction of 35,553 jobs in December, the lowest level since July 2024, and a marked drop from the previous two-month high. In addition, the employer also announced plans to add nearly 10,500 new jobs, the highest level in the same period in history since 2022. Since relevant information is already available on the Challenger website, the data was released earlier than originally scheduled.