October 2, 2025
Article from Yahoo Finance by Emma Ockerman
Article Synopsis
US hiring plans through September fell to 204,939 jobs, the lowest since 2009, driven by a sharp drop in seasonal hiring, according to Challenger, Gray & Christmas. Planned job cuts have reached 946,426 so far this year — the highest since 2020 — fueled by government layoffs, economic uncertainty, and store closures. With a potential government shutdown delaying official data, private reports are drawing attention as indicators of labor market weakness.
