Nearly 40,000 Americans got advance layoff warnings in October, a 162 percent spike. The 12 month average just hit 2008 levels
US mass layoff warnings are rising at a concerning pace: 39,006 Americans were given advance layoff notice in October, the 2nd-highest since the 2020 pandemic. These notices are issued under the Worker Adjustment and Retraining Notification (WARN) Act, which obligates …