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flag U.S. employers announced the highest job cuts since 2020, totaling 172,017 in February 2025.

flag In February 2025, U.S. employers announced the highest number of job cuts since July 2020, totaling 172,017, a 245% increase from January and 103% more than February 2024. flag The government sector led with 62,242 cuts, followed by retail and tech. flag The surge is attributed to government efficiency actions, canceled contracts, trade war fears, and bankruptcies. flag This marks the highest job cuts in any February since 2009.

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