Layoffs in 2025 Second-Highest Since 2009 in Potential Sign of Looming Recession

A new report examining worker layoffs in the United States this year finds that the numbers through October closely resemble those seen during recessions in the past. The report from Challenger, Gray & Christmas, a private firm that tracks workplace hirings and firings across the country, found that there were 153,074 layoffs reported last month alone, a 183 percent increase from September.

Source