US Planned Layoffs Decline 53 Percent in November: Challenger

Date:

A hiring ad is displayed at a store in Columbia, Md., on Sept. 18, 2025. Madalina Kilroy/The Epoch TimesJob-cut announcements by U.S.-based employers declined in November from the previous month, suggesting a positive sign for the labor market, according to a Dec. 4 report by global outplacement firm Challenger, Gray and Christmas.Planned layoffs totaled 71,321 last month, down by 53 percent from the 153,074 announced job cuts in October, the report said. But it is also up by 24 percent from a year ago, when U.S. companies announced 57,727 job cuts.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Business Taxpayers Can Recover Certain Federal Taxes Paid on Fuels, IRS Guidance Says

A truck driver fills up with diesel, in an...

Experts Sound Alarm as National Debt Tops GDP for First Time Since WWII

The U.S. Capitol building on April 29, 2026. Madalina...

US to Release up to 92.5 Million Barrels of Oil From Reserves

The Bryan Mound Strategic Petroleum Reserve, an oil storage...

Trump Eyes Australias Super System for US Retirement Overhaul

President Donald Trump signs an executive order regarding federal...