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U.S. Job Cuts Hit 1.17 Million in 2025, Highest Since Pandemic

The numbers tell a story that transcends quarterly reports and political talking points. As 2025 approaches its final chapter, America's labor market reveals a profound structural recalibration unfolding with unprecedented velocity. The data from Challenger, Gray & Christmas illuminates a landscape where 71,321 jobs disappeared in November alone - a 24% increase over the previous year and the highest November tally since the pandemic's initial shockwave in 2022. While this figure represents a significant decrease from October's alarming 153,074 cuts, it forms part of a disturbing pattern: 1,170,821 total layoffs recorded year-to-date, marking a 54% surge over 2024 and the highest annual total since the pandemic-triggered employment collapse of 2020. The Efficiency Imperative: Navigating America's Structural Labor Market Transformation Historical context renders these figures particularly sobering. November has rarely witnessed layoffs exceeding 70,000 threshold ou...