Jobless claims fall to lowest level since Sep. 2022
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Announced layoffs at US companies fell last month after surging in October, but were still the highest for any November in three years, according to data from outplacement firm Challenger, Gray & Christmas.
Global outplacement firm Challenger, Gray & Christmas said on Thursday planned job cuts declined 53% to 71,321 last month from October. They were, however, 24% higher compared to the same period last year, and November's tally was the largest for the month since 2022.