Macro Finance
US Companies Announce Fewest October Job Cuts in Three Years
Bloomberg Markets·November 5, 2026·1 min read
US employers announced the fewest October job cuts since 2023, while hiring plans picked up as companies geared up for the holiday-shopping season. Christopher Hodge, Chief US Economist at Natixis, discussed the labor market and what to expect from Friday's jobs data. The data suggests a resilient job market ahead of the holiday season.
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