Layoffs always are higher late in the year. All (the layoff report numbers) suggest that we are still improving compared to last year and there is little real evidence of slippage this month. The slippage was from August to September, but September to October is good number.
Layoffs always are higher late in the year, ... All (the layoff report numbers) suggest that we are still improving compared to last year and there is little real evidence of slippage this month. The slippage was from August to September, but September to October is good number.
I think we're going to have a slower recovery, ... There are other things that suggest there are limits to what the Fed can do.
This shows the Fed rate cut was really quite needed, ... and would probably suggest the Fed might have more work to do to hold things together.