October marks worst layoffs in 22 years; American household debt reaches record high
Bearish
-55.9
Layoffs across the U.S. soared last month, marking the worst October cuts in 22 years, according to the firm Challenger, Gray and Christmas. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
