02 Oct September Job Cuts Fall 37% From August; YTD Total Highest Since 2020, Lowest YTD Hiring Since 2009

U.S. employers announced 54,064 job cuts in September, a 37% decline from August and down 26% from last year. Still, 2025 YTD cuts reached 946,426, the highest since 2020. Hiring plans are the weakest since 2009....