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Posted: 2025-05-12 11:22:34 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-12 11:22:40 UTC
Verified By
Rollup News
US employers announced 105,441 job cuts in April, the 2nd-highest April since the Financial Crisis. In 6 months, ~700,000 cuts have been announced, the most since the 2020 CRISIS. Such a spike in layoffs has historically occurred during recessions.
Significant job cuts announced by US employers
Layoffs reaching levels not seen since the 2020 crisis
Historical correlation between layoff spikes and recessions
High number of job cuts
Potential economic recession