Job Market Stumbles With Steep Rise in Layoffs

The U.S. job market is showing fresh signs of strain as employers announced more than 71,000 layoffs in November — a 24% increase from last year — according to Challenger, Gray & Christmas. Through November, job cuts have risen 54% compared to 2023, reaching their highest level since the height of the pandemic. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.