Jobs News Us Employers Pulled Back On Hiring In October, Adding 150,000 Jobs In Face Of Higher Borrowing Rates

US employers cut more than a million jobs this year, a sharp rise compared to 2024. Is the weak job market here to stay?

From January through October of 2025, employers have made more than 1 million job cuts, according to the firm. That’s 44% higher than total cuts throughout 2024 and the highest since 2020. Read More

US job market hits a new low in October

U.S. employers issued WARN notices for 39,006 Americans in October, according to research by the Federal Reserve Bank of Cleveland. The Fed has tracked WARN notices since 2008, and the number has only ... Read More

US employers hit two-decade high in October job cuts

Employers across the nation cut more than 150,000 jobs last month in a 22-year high for October layoffs, according to a report released Thursday. At least 153,074 job cuts happened in October, marking ... Read More

Private employers struggled badly — Goldman Sachs says the US lost 50,000 jobs in October

America's job market saw a significant slump in October. Private companies struggled, leading to job losses. This marks a reversal from earlier optimism. Economists predict further declines, with some ... Read More

Job cuts surge in worst October layoffs in 22 years. Here's why

Propelled by cost cutting and the growing adoption of artificial intelligence, employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from ... Read More

Private Payrolls Rebound in October, Adding 42,000 Jobs, ADP Says

October delivered a much-needed pickup in private-sector hiring after months of erosion, but the recovery is still fairly tepid and many sectors remain moribund. It may be enough of a concern to keep ... Read More