Job cuts in October hit highest level for the month in 22 years, Challenger says

Amid the government shutdown, markets are looking for clues about the health of the job market. Steve Leeman joins us with the latest numbers from Challenger on job cuts. What's going on? >> Yeah, well, this is like a a clue from like a cough or a or a sneeze or whatever. But announced corporate job cuts, Andrew, in the US surging past 1 million so far this year with 153,000 new layoffs announced just in October according to Challenger. That is the worst October since 2003. Here are the numbers. October up ...