US announced job cuts surge 245% in February on federal government layoffs
Layoffs announced by U.S.-employers jumped to levels not seen since the last two recessions amid mass federal government job cuts, canceled contracts and fears of trade wars, offering the clearest sign yet of the toll taken on the labor market by the policies of President Donald Trump's administration.
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by ...
The U.S. job market has taken a worrisome turn for the worst. Job cuts are already over a third higher than in all of 2024.
The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ...
Job cuts announced by the federal government soared more than 41,000% in February compared to a year ago, hitting 62,242.
The latest Challenger Report showed U.S. job cuts surged to 172,017 in February with Elon Musk’s Department of Government Efficiency (DOGE) ...
The market is down, bigly, job cuts are up, and against this backdrop, Donald Trump is focused on “jerking around the entire ...
Collectively, the 221,812 layoffs announced so far this year are the highest since 2009, according to a key report published ...
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Federal agencies cut jobs in February. The jobs report likely won't show the extent of this until the jobs report that will ...
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