August 4, 2022

Challenger Job-Cut Report  (June 2022)

- Announced layoffs 25,810.    Previous was  32,517. 

Source: Challenger, Gray & Christmas

 

Trade Deficit  (June 2022)

- Deficit $79.5 billion.  Previous was $84.9 billion.

This is a component of 2ndQ GDP.

Source:  BEA  Details:  https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services

 

 

Initial Jobless Claims (week ended 7/30/2022)

- Initial Claims seasonally adjusted 260,000. Previous was 254,000

- Initial Claims,  unadjusted, totaled 205,587 in the week ending July 30, a decrease of 9,825 (or 4.6 percent) from the previous week.

- 4-Week Moving Average seasonally adjusted  254,750. Previous was  248,750

Numbers below are for the week ended 7/16

Total receiving regular state UI decreased by 3,412

Total receiving any UI decreased by 3,890

Source:  Labor Department   Details: https://www.dol.gov/ui/data.pdf