Job Cuts Surge 68%, Most In 3 Years; Worst October Since 2009

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但现在政府的失业率显示最低? 高薪工作跑了代而取之的是些底薪散工,拿不到失业的不算在内。
But everything is under control, 马照跑舞照跳股市在选举前照涨。 这就是扶强除弱的美国股市。 It works!

Maybe this explains the election results? Challenger reports US companies laid off over 51,000 people in October, the most since May (and 2nd most since Feb 2013). This is a 68% surge MoM (and 11.9% rise YoY) - the biggest monthly rise since September 2011. Retail, Computer, and Pharma industries saw the biggest layoffs. Hiring also collapsed from the record 567,705 exuberance in September to just 147,935 in October. This was the worst October for layoffs since 2009.

Worst rise in layoffs in 3 years...

 

and worst October since 2009...

 

Chart: Bloomberg

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