1.1 million people have been laid off in the US this year — more than any year since the pandemic
https://www.businessinsider.com/layoffs-this-year-1-million-most-since-pandemic-2025-12?utm_source=reddit&utm_medium=social&utm_campaign=insider-economy-sub-post
Posted by businessinsider
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***From Business Insider’s Pete Syme:***
This year has seen the most layoffs in the US since the pandemic, according to the consulting firm Challenger, Gray & Christmas.
Employers have announced 1.17 million job cuts through November, a report published on Thursday showed.
It’s just the sixth time since 1993 that this figure has exceeded 1.1 million.
2025 has seen the fifth-highest number of job cuts. The most were seen in 2020, when the labor market was upended by the COVID-19 pandemic. That year also marks the only time there were more than 2 million job cuts through November.
The majority of 2025’s cuts came early in the year, with over 600,000 shed by the end of April, and 275,000 roles being eliminated in March alone as the Trump administration took the ax to government jobs in Washington, DC.
Away from 2025, the other worst years for job cuts in the past three decades were 2001 and 2002 — around the dot-com crash — and 2009, when the financial crisis led to mass layoffs.
[Read more about layoffs in the US here.](https://www.businessinsider.com/layoffs-this-year-1-million-most-since-pandemic-2025-12?utm_source=reddit&utm_medium=social&utm_campaign=insider-economy-sub-comment)
B…b…but Muh Booming Economy!
Our Soviet-style BLS statistics substantially understate true unemployment. Those who have given up on finding non-existent jobs or whose unemployment benefits have expired are no longer counted as unemployed, even though they remain jobless.
Are we great again yet?
These dumb ignorant backward-country inbreds who call themselves MAGAs laugh and cheer Trump as he digs the knife into their asses. They applaud as he says their face, “I love stupid uneducated people like you. You are the ones that will win the election for me. I couldn’t give two shits about you personally, I just want your vote. Then you can all drop dead for all I care.”
I mean what kind of brainless idiots vote for a man who would shoot their wives and children on 5th Avenue without a second thought if it meant getting him into the protective and lucrative arms of the Oval Office?
“Ignorance, thy name is MAGA.”
Profits are up though. I bet they want everyone to work on farms and such now.
1.1 million people have been laid off in the US this year — more than any year since ~~the pandemic~~ last year of Trump first term FTFY
The increase in layoffs this year is mainly the result of broad economic forces rather than any single individual or political factor. Companies across multiple industries are adjusting to higher interest rates, which make borrowing more expensive and force businesses to cut costs. Many sectors also hired aggressively during the pandemic, and the current layoffs reflect a natural correction back to more sustainable staffing levels. At the same time, automation and new technologies are replacing certain roles, leading companies to reorganize their workforce. Global economic slowdowns—such as weaker consumer demand, reduced manufacturing output, and supply chain challenges—add additional pressure on employers to streamline operations. These combined factors create an environment where layoffs become more common, even when overall job openings remain available in other parts of the economy. In short, the rise in layoffs is tied to economic conditions and business adjustments rather than any specific person or group.