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flag U.S. job cuts surged in October, with 39,006 WARN notices issued—the highest since 2006—amid growing labor market concerns.

flag U.S. companies cut an average of 2,500 jobs per week in late October, according to ADP data, signaling labor market weakness. flag Layoffs surged in October, with 39,006 workers receiving WARN notices across 21 states—the highest monthly total since 2006—driven by major firms like Amazon and Target. flag Challenger, Gray & Christmas reported the highest level of planned job cuts in over two decades. flag Despite a reported 42,000 private sector job gain in October, weekly data shows weakening momentum. flag The delayed release of official employment data due to a prolonged government shutdown has increased reliance on ADP’s report. flag A Bloomberg Harris Poll found 55% of employed Americans fear job loss, and economists warn further job cuts may come as AI adoption accelerates.

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