Job Layoffs Hit Highest Since Covid-19 and are a whopping 54 percent higher than last year

Layoffs Hit Highest Since Covid-19 Even as Trump Brags About Economy​

Layoffs are a whopping 54 percent higher than last year

The U.S. economy has seen 1.1 million layoffs this year—the most since the Covid-19 pandemic—even as President Donald Trump constantly proclaims us to be the “hottest country anywhere in the world.”

Consulting firm Challenger, Gray & Christmas reported Thursday that there were 71,321 layoffs in November. This brings the year’s total up to 1.17 million, which is a whopping 54 percent higher than last year and the highest layoffs have been since the pandemic hit the economy in 2020. Employers have also seen a 35 percent decrease in hires from last year.

This negative economic news comes as new Politico polling shows that nearly half the country thinks that the cost of living is the worst they’ve ever seen—and they hold Trump directly responsible for it.

Question: How many of those are government jobs?
 
In 2025, the government laid off or fired 317,000 employees and hired 68,000. That's a net loss of a quarter million jobs (rounded).


It seems the economy is changing significantly with the introduction of remote work, AI, and new technologies.


You will also note that the two states that account for the majority of layoffs and force reductions are California and Washington.

 
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