what is dead may never die
Through May, employers have announced 696,309 job cuts, an increase of 80% from the 385,859 announced in the first five months of last year. It is 65,049 cuts away from matching the entire year’s total for 2024. This is bad.
https://www.challengergray.com/blog/may-2025-job-cuts-up-47-over-same-month-last-year-cuts-spread-to-other-sectors-than-govt-for-other-reasons-than-doge/
yup... the American labor market is looking pretty weak rn...
Through May, employers have announced 696,309 job cuts, an increase of 80% from the 385,859 announced in the first five months of last year. It is 65,049 cuts away from matching the entire year’s total for 2024. This is bad.
https://www.challengergray.com/blog/may-2025-job-cuts-up-47-over-same-month-last-year-cuts-spread-to-other-sectors-than-govt-for-other-reasons-than-doge/
yup... the American labor market is looking pretty weak rn...