US employers cut more jobs last month than any February since 2009

Guno צְבִי · Mar 6, 2025

The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoff plans last month, new data showed Thursday.

US-based employers last month announced plans to slash 172,017 jobs, a 103% increase from a year ago and the highest February total since 2009, according to Challenger, Gray & Christmas’s latest monthly job cuts report released Thursday.

It’s the 12th highest monthly total in the 32 years Challenger has been tracking job cuts. The 11 others (four came during the Covid-19 pandemic) all occurred when the US was in a recession, Challenger data shows.

US employers cut more jobs last month than any February since 2009

The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoffs last month, new data showed Thursday.

news.yahoo.com

Lionfish · Mar 6, 2025

Guno צְבִי said:
The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoff plans last month, new data showed Thursday.

US-based employers last month announced plans to slash 172,017 jobs, a 103% increase from a year ago and the highest February total since 2009, according to Challenger, Gray & Christmas’s latest monthly job cuts report released Thursday.

It’s the 12th highest monthly total in the 32 years Challenger has been tracking job cuts. The 11 others (four came during the Covid-19 pandemic) all occurred when the US was in a recession, Challenger data shows.

US employers cut more jobs last month than any February since 2009

The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoffs last month, new data showed Thursday.

news.yahoo.com

BartenderElite · Mar 6, 2025

Trump wants to protect his crown as the worst jobs President in modern American history.

Cypress · Mar 6, 2025

Guno צְבִי said:
The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoff plans last month, new data showed Thursday.

US-based employers last month announced plans to slash 172,017 jobs, a 103% increase from a year ago and the highest February total since 2009, according to Challenger, Gray & Christmas’s latest monthly job cuts report released Thursday.

It’s the 12th highest monthly total in the 32 years Challenger has been tracking job cuts. The 11 others (four came during the Covid-19 pandemic) all occurred when the US was in a recession, Challenger data shows.

US employers cut more jobs last month than any February since 2009

The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoffs last month, new data showed Thursday.

news.yahoo.com

"I've been around for a long time. And it just seems that the economy does better under the Democrats than the Republicans." -- Donald Trump

Fact Check: Trump Did Say 'The Economy Always Does Better Under Democrats' in This Past Interview

In the same interview, Trump also said he wasn't going to be a politician.

www.yahoo.com

Althea · Mar 6, 2025

As many of us suggested, the ripple effect from massive Fed. layoffs would come. This is just the beginning. Many private sector jobs are gone due to funding removal by Musk. People are NOW being told to come back to work as the courts have deemed many layoffs to be illegal. Might be too little too late.

As far as the reasons behind the planned cuts (which could come to fruition in the coming weeks and months), DOGE actions led the way (63,583), followed by bankruptcy (35,172), market/economic conditions (28,098) and restructuring (16,828).

Tbird19482 · Mar 6, 2025

Althea said:
As many of us suggested, the ripple effect from massive Fed. layoffs would come. This is just the beginning. Many private sector jobs are gone due to funding removal by Musk. People are NOW being told to come back to work as the courts have deemed many layoffs to be illegal. Might be too little too late.

And who wants to go to work at a place when at any time they will be laid off again with no warning or no good reason.

Tbird19482 · Mar 6, 2025

Althea said:
As many of us suggested, the ripple effect from massive Fed. layoffs would come. This is just the beginning. Many private sector jobs are gone due to funding removal by Musk. People are NOW being told to come back to work as the courts have deemed many layoffs to be illegal. Might be too little too late.

And it looks like President Musk and his little bed buddy Trump don't care that their 25% tariffs could effect over 300,000 Auto workers in the US alone.
And it has been a fact for years now for every ONE auto worker employed there are 8 other people put to work in supporting industries and then add in the other people ( store workers truck drivers and others ) that will be effected indirectly.
You are talking several millions of people who could lose their jobs because of his BS.
Lets crash the economy with a stroke of a pen , let the depression begin.

Althea · Mar 6, 2025

Tbird19482 said:
And it looks like President Musk and his little bed buddy Trump don't care that their 25% tariffs could effect over 300,000 Auto workers in the US alone.
And it has been a fact for years now for every ONE auto worker employed there are 8 other people put to work in supporting industries and then add in the other people ( store workers truck drivers and others ) that will be effected indirectly.
You are talking several millions of people who could lose their jobs because of his BS.
Lets crash the economy with a stroke of a pen , let the depression begin.

trump has been counseled re. the economy, the Market, and Treasury bonds. Now he cares nothing about the Market, and is obsessed with Tbonds. If he can make such a mess that they come down, lending rates will drop and...what exactly? Crash the economy to stimulate the economy?

trump is a moron.

ULTRA MAGA · Mar 6, 2025

Guno צְבִי said:
The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoff plans last month, new data showed Thursday.

US-based employers last month announced plans to slash 172,017 jobs, a 103% increase from a year ago and the highest February total since 2009, according to Challenger, Gray & Christmas’s latest monthly job cuts report released Thursday.

It’s the 12th highest monthly total in the 32 years Challenger has been tracking job cuts. The 11 others (four came during the Covid-19 pandemic) all occurred when the US was in a recession, Challenger data shows.

US employers cut more jobs last month than any February since 2009

The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoffs last month, new data showed Thursday.

news.yahoo.com

Oh I see they "announced plans" to lay people off. No one was actually laid off.

You idiots are getting more and more ridiculous every day. Especially the fake jews.

ULTRA MAGA · Mar 6, 2025

Althea said:
As many of us suggested, the ripple effect from massive Fed. layoffs would come. This is just the beginning. Many private sector jobs are gone due to funding removal by Musk. People are NOW being told to come back to work as the courts have deemed many layoffs to be illegal. Might be too little too late.

The court hasn't the authority to ascertain layoff's legality. DJT needs to ignore those shitbags in black robes.

And BTW there have not yet been "massive" layoffs. Barely skimmed the dead wood so far.

Guno צְבִי · Mar 6, 2025

ULTRA MAGA said:
Oh I see they "announced plans" to lay people off. No one was actually laid off.

You idiots are getting more and more ridiculous every day. Especially the fake jews.

Always the goyim stooge