US EditionUS layoffs fall in September but year-to-date planned hiring at lowest in 16 years
US employers announced 54,064 layoffs in September, a 37% monthly drop, while hiring plans remain at the lowest level since 2009 amid economic uncertainty and AI impacts.
- On Oct 2, Challenger, Gray & Christmas reported fewer US layoffs in September and hiring plans this year totalled 204,939, the lowest since 2009.
- Economists attribute the slowdown to President Donald Trump's trade policy, immigration raids, and AI, while Challenger said the federal government announced 299,755 job cuts this year.
- Monthly and annual figures reveal planned job cuts dropped 37% month-on-month to 54,064 in September while year-to-date cuts reached 946,426, the highest since 2020.
- The government shutdown has suspended key economic releases, including the September employment report scheduled for Friday, furloughing 750,000 federal workers and delaying other data.
- With rate cuts on the way, the Federal Reserve cut its overnight rate by 25 basis points to the 4.00%-4.25% range and is weighing another cut later this month.
20 Articles
20 Articles
Employer hiring plans at lowest level since 2009, new report shows
(NewsNation) — U.S. employers announced fewer job cuts in September, but hiring plans fell to their lowest level since 2009, underscoring uncertainty in the labor market, according to a report Thursday. Companies announced 54,064 job cuts last month, down 37% from August and 26% lower than the same month a year earlier, outplacement firm Challenger, Gray & Christmas said. It was only the third time this year that cuts came in below the same mont…
Report Shows Weakest Job Market Since 2009 Amid Shutdown And AI Disruption
Layoffs in the United States dropped in September, but hiring plans for the year remain at their weakest since 2009, according to a report by Challenger, Gray & Christmas. Employers announced 54,064 job cuts last month, a 37% decline from August, yet total layoffs for 2025 stand at 946,426 — the highest year-to-date since 2020. Hiring plans for US employers are at their lowest level in 16 years, a report said, adding to evidence of a labor marke…
US layoffs fall in September but year-to-date planned hiring at lowest in 16 years
U.S. employers announced fewer layoffs in September but hiring plans so far this year were the lowest since 2009, a report said on Thursday, adding to evidence of a labor market standstill as the demand and supply of workers fall because of policy and technology advances.
US hiring plans hit 16-year low as labour market stagnates
US layoffs fell in September, but year-to-date hiring plans hit a 16-year low, signalling a slowing labour market. The government shutdown has stalled key economic data, deepening uncertainty as AI, trade policy and cost pressures reshape employment.
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