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United States | News & Politics@lemmy.mlEnglish · 1 day ago

US job cuts have pass 1 million, a milestone only seen during the dotCom bust, Great Recession, and pandemic. October's layoffs surged 175% YoY ranking 2025 among the worst years for job losses.

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cross-posted to:
usa@midwest.social

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US job cuts have pass 1 million, a milestone only seen during the dotCom bust, Great Recession, and pandemic. October's layoffs surged 175% YoY ranking 2025 among the worst years for job losses.

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to

United States | News & Politics@lemmy.mlEnglish · 1 day ago

1

cross-posted to:
usa@midwest.social

Job Losses Pass 1 Million For 2025, With Grim Outlook For Seasonal Hiring

A new report largely blames "disruptive technology” and cuts to government spending for a high number of job losses this year.

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The realities of austerity