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Layoffs Plummet

Layoffs Plummet to Four-Year Low: 573,195 Job Cuts in 2026

U.S. layoffs plummet to a four-year low, with employers announcing 573,195 job cuts through September, a nearly 40% drop from the previous year.

EHEva Hale
Oct 4, 2026 · 1 min read
Layoffs Plummet to Four-Year Low
CIPHR Connect / CC BY 2.0, via Wikimedia Commons

U.S. layoffs drop nearly 40% in 2026, with employers announcing 573,195 job cuts through September, a four-year low.

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The solid jobs data has given the Federal Reserve an opening to raise interest rates, with a 60% probability of a quarter-point interest rate boost at the central bank's December meeting.

Sources

  • CBS News: U.S. layoffs drop nearly 40% in 2026 to four-year low, new data shows
  • Newsbreak: U.S. layoffs drop nearly 40% in 2026 to four-year low, new data shows Hiring plans are up 3% so far this year, signaling

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