🔶 BREAKING: U.S. Layoffs Spike in September 🔶
The labor market is showing signs of strain as new data reveals a significant rise in layoffs:
🔻 1.83 Million Layoffs in September – An increase of 160,000 layoffs, marking the second-highest in 4 years.
📉 42% Surge in Monthly Layoffs – Over the past three years, monthly layoffs have risen by 540,000.
📊 Layoff Rate Hits 1.2% – This is the highest rate since December 2020, signaling potential challenges ahead.
💼 Private Sector Layoffs Reach 1.78 Million – A 4-year high, emphasizing further weakness in private sector employment.
🚨 Labor Market in Focus – These trends are critical indicators to watch as economic pressures build.
