News-News.Zip

News in English (USA) / 04.12.2025 / 15:00

US Layoff Trends Show Alarming Increase Amid Economic Shifts

In a concerning trend, layoff announcements in the US have surged, surpassing 1.1 million this year, marking the most significant rise since the pandemic. The latest Challenger Report indicates that over 71,000 job cuts were announced last month, the worst November seen since 2022. While planned job cuts fell by 53% in November compared to October, the overall job market shows signs of weakness, with mass layoff warnings at their highest level in nearly a decade. Industries such as transport, logistics, and manufacturing are particularly hard-hit, with many companies planning to implement layoffs ahead of the holiday season. Amidst this turmoil, concerns about the impact of AI on employment dynamics continue to grow, as experts warn that a wave of job losses may already be underway, leaving workers anxious during this crucial time.
CNBC, Yahoo Finance, Reuters, Challenger, Gray & Christmas, Inc., moneywise.com, Los Angeles Times, Bloomberg.com, World Socialist Web Site, Newsweek, Visual Capitalist