ADP Research indicates that U.S. companies averaged 2,500 layoffs per week in the four weeks ending November 1, 2025, highlighting a slowdown in the labor market. This comes as the monthly employment report on November 5 showed a 42,000 increase in private-sector jobs, breaking a two-month decline streak. Major firms like Amazon and Target had previously announced layoffs, contributing to October's planned layoffs reaching a two-decade high, according to Challenger, Gray & Christmas. The U.S. Bureau of Labor Statistics is set to release the September employment report, with expectations of a 55,000 rise in total employment.
U.S. Firms Average 2,500 Weekly Layoffs Amid Labor Market Slowdown
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