Скачать или смотреть US Job Market Crashes 32,000 Jobs Lost & Layoffs Hit 20 Year High

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The US labor market is cracking as private payrolls plunge by 32,000 in November and layoffs hit their highest level in more than 20 years. ADP reports a major drop in private-sector employment, with small businesses taking the biggest hit. Challenger, Gray & Christmas recorded 153,000 layoffs in October alone — the largest monthly total in two decades. Over 1.1 million jobs have been cut in 2025 across tech, warehousing, retail, and services as companies slash costs and accelerate automation.

Unemployment nears 4.4%, wage growth is slowing, and consumer spending is weakening — raising fears of a potential recession. The Labor Department has delayed key employment data until after the Federal Reserve meeting, forcing the Fed to make policy decisions without full visibility. With rate cuts expected again next week, economists warn the job market may be shifting from slow growth to net losses. Is this the start of a deeper economic downturn?


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