Job cuts for October totaled 153,074, a 183% surge from September and 175% higher than the same month a year ago. It was the highest level for any October since 2003 and has been the worst year for layoffs since 2009.
CNBC: "Announced corporate job cuts surging past 1 million so far this year, with 153,000 new layoffs just in October according to Challenger. That is the worst October since 2003."
