It is important to note that although the Challenger Job-Cut Report could be used as a leading indicator for new jobless claims, not all layoff announcements result in job losses in the near term. Some companies will announce layoffs that will take place further into the future. In a situation such as this, people may quit voluntarily or the company's situation may change in order to keep their employees. The report is broken down by industry, which is valuable to provide insight into these trends that will likely affect prices of stocks in each of the industries.