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Most Layoffs Since 2009

twenty02

Hall of Famer
Jan 28, 2011
23,857
30,620
113
For first two months of the year

January’s planned reductions brought the total through the first two months of the year to 221,812, also the highest for the period since 2009 and up 33% from the same time in 2024.

U.S. employers announced 172,017 layoffs for February, up 245% from January and the highest monthly count since July 2020, Challenger, Gray & Christmas reported.


 
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For first two months of the year

January’s planned reductions brought the total through the first two months of the year to 221,812, also the highest for the period since 2009 and up 33% from the same time in 2024.

U.S. employers announced 172,017 layoffs for February, up 245% from January and the highest monthly count since July 2020, Challenger, Gray & Christmas reported.


Govee layoffs don’t count. Just like they didn’t count when Biden was touting his jobs numbers and significant portion were government jobs.
 
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Organizations that disregard P&L can make all sorts of inflated hiring rounds. Not any kind of strong economic indicator.

It's not a lagging indicator, but a leading one. If we're talking economics. Layoffs have all sorts of downstream economic impacts. You can't just ignore highest two months of layoffs since 2009 and pretend like it doesn't matter.
 
It's not a lagging indicator, but a leading one. If we're talking economics. Layoffs have all sorts of downstream economic impacts. You can't just ignore highest two months of layoffs since 2009 and pretend like it doesn't matter.
Dishonest much? Spring 2020 was worse that these last two months. You’re just looking a Jan/ Feb 2025 vs Jan/ Feb 2020, which makes no sense.

January’s planned reductions brought the total through the first two months of the year to 221,812, also the highest for the period since 2009 and up 33% from the same time in 2024.


Also ignoring positive indicators.

Technology firms also listed another 14,554 in reductions, though the sector’s cuts are actually lower from a year ago.

On the upside, firms announced plans in February to hire a total of 34,580 new workers, putting the year to date total up 159% from a year ago.
 
It's not a lagging indicator, but a leading one. If we're talking economics. Layoffs have all sorts of downstream economic impacts. You can't just ignore highest two months of layoffs since 2009 and pretend like it doesn't matter.
They want to remove government from GDP. Similar shenanigans to what fed does with inflation or the fake data Biden was pushing out but in a different direction. Unfortunately, it's hard to invest or make decisions when the official data is all BS.
 
WTF? Why shouldn't we care about these people? They're good Americans that were doing their jobs the same as us.
What really irks me is not the policy prescriptions, which in some cases may not be too far off aside from the fact that the people implementing them have the worst motives and are likely dangerous. What really irks me is the intentional cruelty. It's despicable and immoral. I am not a religious person, but when religious people support cruel policy it really makes you shake your head.
 
Govee layoffs don’t count. Just like they didn’t count when Biden was touting his jobs numbers and significant portion were government jobs.
Biden touted his job numbers and all the jobs created were government jobs. I get out liberal friend on here only have one wish and that is for trump to fail and fail big time. I dont think I will be able to keep up with their the world is going to end posts every single day for the next four years. They can have conversations with each other though and I wish them luck.
 
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