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October marks worst layoffs in 22 years; American household debt reaches record high (Video)

Layoffs across the U.S. soared last month, marking the worst October cuts in 22 years, according to the firm Challenger, Gray and Christmas. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.

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October marks worst layoffs in 22 years; American household debt reaches record high (Video)

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October marks worst layoffs in 22 years; American household debt reaches record high (Video)

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