![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiTvHKprHhuWQqMRx7CcI8o2isBbAHKtsO6yMpF4JNI48x3D1re2ptgTpm9-sReqEbLxD8SDao3y2zX2zprpEGMDCTo0ttP9986tYUlYeNNWKpXcBOuuEnMlJf6JgGnkBrIjdXoioXCWCU/s280/Corporate+layoffs)
The Challenger, Gray & Christmas tally of corporate layoff announcements in April dropped again, for the third straight month. Additionally, the ADP measure of job losses came in about 25% below expectations, suggesting that Friday's jobs number could be significantly better than expected, perhaps showing losses of only 500-550K instead of the expected 635K. The market's rally is supported by clear signs of improving economic fundamentals.
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