- Challenger job cuts in the US fell sharply in February.
- The US Dollar DXY Index clings to gains above 91.10 after the data.
Planned job cuts, at US-based employers, fell to 34,531 in February from 79,552 in January., Challenger Gray & Christmas announced in its latest job cuts report on Thursday.
“Last month’s total is 39% lower than the 56,660 cuts announced in the same month last year. “, the publication reads. “Until February, employers have announced 114,083 job cuts, 8% less than the 124,395 announced during the first two months of 2020“.
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