The number of planned layoffs at U.S. firms rose 6 percent in July, marking the third straight month of increased layoffs, though downsizing activity appears to be slowing, a report on Wednesday showed.
Announced layoffs (ALO) have fallen into a zone in which a rebound (more layoffs) tends to occur. Also, the violation of the first down trend line in velocity supports an eventual turn in the ALO. A violation of the 2009 down trend line would confirm, what capital markets have already begun to reflect, the need for another round of quantitative easing (QE).
Challenger, Grey, and Christmas Announced Layoffs (ALO) And YOY Change:
Source: news.yahoo.com
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