Layoffs Surge 17.6% YoY, Shale State Joblessness Soars, Initial Jobless Claims Rise
by Tyler Durden
ZeroHedge.com
02/05/2015
It all makes perfect sense. Challenger announced this morning that layoffs in January soard 17.6% year-over-year with planned job cuts at the highest level in almost 2 years… Jobless claims in Shale states continues to trend higher as oil prices collapse… but initial jobless claims beat expectations – hovering near cycle lows – though did rise modestly WoW.
The Rest…HERE
