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 a 175% increase from the 55,597 job cuts in October 2024, according to Challenger, Gray & Chris......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/policy/economy/3877502/us-employers-hit-two-decade-high-in-october-job-cuts/