
Over the past month, some important financial updates came out in the US job market.
Layoffs:
In September, companies announced over 54,000 job cuts. While that’s less than August, the total layoffs for 2025 so far have reached 946,000 — the highest since the pandemic in 2020. At the same time, new hiring plans are at their lowest since 2009.
Unemployment:
The Federal Reserve Bank of Chicago estimates the unemployment rate stayed at 4.3% in September, the same as August. On the surface that doesn’t look terrible, but with rising layoffs and weak hiring, many people are starting to worry.
What It Could Mean:
Some argue this is just part of the normal business cycle. Others think it’s a warning sign of an economic slowdown, especially with the risk of a government shutdown making things worse.
My Take
Personally, I think these numbers are a red flag. If companies keep cutting jobs while hiring less, it will eventually hit consumer confidence and the broader economy. For now, people might not feel it day-to-day, but the trend is concerning.
Questions for You
●Do you think these layoffs show real trouble for the economy, or is it just noise?
●Is 4.3% unemployment a healthy sign, or should we be cautious?
●What do you think the government or Fed should do — cut rates, stimulus, or nothing at all?
👉 That’s my take. What’s yours?
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