The Housing Chronicles Blog: October 2017 Job Cut Report: 29,831 Cuts, Lowest 10-month Total Since 1997

Thursday, November 2, 2017

October 2017 Job Cut Report: 29,831 Cuts, Lowest 10-month Total Since 1997

U.S.-based employers announced 29,831 job cuts in October, down 3 percent from the same month last year. So far in 2017, employers have announced 25 percent fewer job cuts than they did in the same period last year. This is the lowest ten-month total since 1997, when 328,816 cuts were announced through October.

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