Something Just Broke: U.S. Employment Tanked In June, 744,308 Job Cuts Have Been Announced So Far This Year, And Retail Layoffs Are Up 255%

by Michael What in the world just happened to the job market?  The unexpectedly bad numbers that have just come in have truly been a shock to many of us.  Yes, we knew that conditions were getting worse during the early stages of this year.  In fact, the Federal Reserve Bank of New York has …

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Companies are in lock down mode, reluctant to hire anyone right now. US challenger 1H 2025 job cuts at 744,308, most since 1H 2020. The trend is clear.

May job gains revised down signaling labor slowdown… Companies are in lock down mode, reluctant to hire anyone right now. It will likely get worse until the Fed wakes up and cuts rates. pic.twitter.com/v40GWQRUXx — Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) July 2, 2025 If we start losing service jobs these jobs numbers are going to start …

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