Oct. monthly job cuts surged to a 22-year high
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Nationally, there were 153,074 job cuts in October, up 183% from September and up 175% from October 2024. This year has been the worst for jobs — 1.1 million job cuts through the first 10 months of the year, a 65% increase over the same period last year — since the COVID-19 pandemic in 2020, when 2.3 million jobs were eliminated through October.
The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.
JPMorgan Chase CEO Jamie Dimon in a new interview raised concerns over the U.S. economy as inflation increases, saying he sees a “weakening” in the job market. “The lower income wages
"Workers are holding on tighter than ever, but not because they’re complacent because they’re cautious," said one career expert.
In a struggling economy, clarity matters more than speed. Reflect on what energizes you, not just what’s available. Tailor each career move to your values and skills.
Prime Minister Mark Carney’s government said it would cut the size of the federal public-sector workforce by about 5%, or 16,000 jobs.
The Georgia Hospital Association released its latest measure of how hospitals impact the state economy, including dollars spent and jobs.