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Betsy, great to have your perspective here this morning because we've got a lot of conflicting jobs data. So, how do we know what's going on and what's your assessment of what's going on in the labor market. >> Well, I the first thing is we can't pretend uh that we're not missing data because the the federal government data that we're missing is a really important piece of this.Um it's great that we have the ADP data. Uh keep in mind ADP is a huge business. They have almost a half a million companies that r ...

Despite the emotional weight of layoffs, a troubling empathy gap exists between leadership and employees. https://t.co/C7P9RICeip ...

US companies announced the most job cuts for any October in two decades this morning.153,074 layoffs last month → 175.3% higher than expected.1M total job cuts this year, the most since 2020. https://t.co/pW3IXjljM0 ...

Shoppers carry bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic Analysis is scheduled to release personal spending figures on December 20.Holiday hiring by retailers is expected to total between 265,000 and 365,000 roles this year, the lowest number of seasonal workers in at least 15 years, the National Retail Federation said Thursday.NRF CEO Matthew Shay said on the retail trade group's conference call on that those hiring expectations "reflect the so ...

And joining us now for more on that story is the company's senior vice president, Andy Challenger. Also joining us now is Evans S, CEO of global workforce data and analytics company, Aura Intelligence. Also our very own senior economics reporter at CNBC, Steve Leeman.A great round table, so to speak. So Steve, thank you very much. Let's hang on for a second here and go right to the challenger headlines right now.The highest October job losses in 20 years is the headline. Is it as dire as it sounds. >> I thi ...

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Normally out at 7:30, Challenger released these early because why not start everybody's day off in a bad mood here. Hundred and 53,074 job cuts announced for October the highest since 2003 for the month and it's a 183% increase from September hundred 75% over the last year. For 2025, we're up 65% in terms of job cuts over 2024.It's the most year to date cuts since COVID in June excuse me, 2020, which of course screws up all the graphs. But the monthly cuts are extremely high, and a high is one of the main r ...

All right, kind of a a a solid estimate there of job gains. However, in recent weeks, we've seen a number of layoffs. IBM just the latest uh saying they're going to cut a low single-digit percentage of its workforce, which you know is going to be thousands of people.Give us a sense. Does this report in your mind, does this show a blip or does it show kind of a rebound in what we're seeing. Because so far it's been a low hire, low fire year.>> It is. It has been. Although we have seen in in the latest number ...

Who’s hit hardest by corporate America’s mass layoffs? Here's what research reveals: https://t.co/KJvYObiblU ...