U.S. Hiring Hit 9-Year Low In 2024 As Layoffs Surge
Allwork
JANUARY 9, 2025
employers last year were the lowest since 2015, a report showed on Thursday, confirming a sharp moderation in job growth over that period. ” Planned job cuts totaled 761,358 last year, the highest since 2020 when the labor market was roiled by the COVID-19 pandemic, up 5.5% Hiring announcements by U.S.
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