US Layoffs Hit Highest Level Since 2020 — Should We Be Worried About the Economy?

[Amyouyang]

In September, US companies announced over 54,000 job cuts, and so far in 2025 the total layoffs have reached 946,000 — the highest since the pandemic. At the same time, new hiring plans are at their lowest since 2009.

👉 What do you think?

⒈Is this a warning sign that the economy is slowing down?
⒉Do layoffs in big companies really affect everyday people?
⒊Should the government or the Fed step in, or let the market adjust?

[BonzoInBitburg]

The economy is definitely showing some signs of slowing down but it's been fairly resilient and seems to bounce back the next month. Government should not meddle in the economy, that is the Fed's job. The Fed is in a tough spot because lowering interest rates will lead to higher inflation and inflation is already hovering around a full point above the Fed's target rate of 2%. I don't think there is any reason to be overly concerned in the short term. The overall economy isn't really shrinking, it's just stagnant. The trend this year has been bad news one month and good news the next.

[WindAtMyBack]

This means that 2020 had as many or more layoffs.
Did you worry about it in 2020?
Did the world come to an end in 2020?

This means that new hires were as low or lower in 2009
Did you worry about it in 2009?
Did the world come to an end in 2009?

I didn't worry about it in 2009, or 2020, or 2025.

[Georgia001]

For ordinary people, layoffs at large companies often affect the entire supply chain - outsourcing, retail, and the service industry will all be affected. The unemployment is not only for white-collar workers, but also for countless groups that rely on corporate spending.

[exitseven]

I think the jobs market will get better in the next quarter. Businesses have spet 22% more in investments in new equipment and this in an indicator that they are expecting growth, Thr economy is still uncertain with tariffs and the government shutdown and a lot of these layoffs were government workers that were let go in President Trump's effort to downsize the government.

[Danzigdawson]

Don't worry. trump will soon publish juked stats that shows the opposite. It won't change reality, but it's nice to delude oneself into believing that everything's going well...

[NaultD]

The global elite are betting on AI. The elite are not shy about replacing personal with AI.

[Anonymous]

most of them are just white-collar government jobs

I. C. E has plenty of job openings however

[qwerty2469]

Most of them are low wage California jobs. Who cares about California? Fuck them.