The July 2026 jobs report says the labor market is fine. 57,000 new jobs added. Unemployment at 4.2%. Steady as she goes. The layoff numbers say something else entirely. Employers announced 62,075 job cuts in July, a 29% jump from June and 140% higher than July 2024. As of today, there have been 2,954 WARN Act notices filed this year affecting 270,641 employees across 44 states, and 322 separate layoff events impacting 205,832 workers, roughly 1…
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