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Author: Steve203 🐝  😊 😞
Number: of 80428 
Subject: Re: Crazy world economic data
Date: 06/05/26 9:44 PM
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No. of Recommendations: 3

The enduring question.

A post on the Fool quotes the Challenger Gray report for May that job cuts were up 16% from April, and the highest May number since 2020, when the economy was shut down.

U.S. employers announced 97,006 job cuts in May, a 16% increase from April and the highest May total since 2020. The technology sector led the layoffs by a wide margin, driven heavily by artificial intelligence adoption and structural industry resets.

https://discussion.fool.com/t/summary-may-2026-cha...

Steve
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