U.S. layoffs drop nearly 40% in 2026 to four-year low, new data shows
Layoffs in the U.S. have fallen to a four-year low, while employers' hiring plans are up 3% this year, according to new labor data.
Employers have announced 573,195 job cuts through September this year, a nearly 40% decline from the first nine months of 2025, Challenger, Gray & Christmas said on Thursday. On a monthly basis, layoffs dropped 20% in September to 43,281 from a year earlier, the lowest level in four years, the outplacement firm said.
Read the original report
Opens CBS News in a new tab