Challenger Job Cuts Report for SEPTEMBER 2025

The global outplacement consultancy Challenger, Gray and Christmas, Inc. released its job cuts report, for September, 2025:

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Job Cuts Announced During September 2025: 54,064

• Previous Month: 85,979

  > Change from previous month: -37.12% (-31,915 cuts)

--------------

• One-Year Previous: 72,821

 > Change from one-year previous: -25.76% (-18,757 cuts)

===================

From Today's Report:

"...WHY ARE COMPANIES CUTTING [JOBS] IN 2025?

'DOGE Actions' remains the leading reason for job cut announcements in 2025, cited in 293,753 planned layoffs so far this year. This includes direct reductions to the Federal workforce and its contractors. An additional 20,976 cuts have been attributed to DOGE Downstream Impact, such as the loss of funding to private non-profits and affiliated organizations.

Market and Economic Conditions are the second-most cited reason for workforce reductions, responsible for 208,227 cuts year to date. This reflects employers’ continued response to economic uncertainty, inflation, tariffs, and shifting demand across sectors.

Closings of stores, units, or plants have led to 144,652 layoffs so far this year, up from 97,590 during the same period last year. Restructuring efforts have resulted in 100,450 job cuts, while Bankruptcies accounted for another 37,590 layoffs, up from 10,700 through September 2024.

Technological Updates, including automation and possibly AI implementation, have led to 20,219 job cuts in 2025. Another 17,375 were explicitly attributed to Artificial Intelligence, including 7,000 announced in September..."

 ================

 

If corporate layoffs are high, consumer spending may decline, since there would be fewer people with steady jobs.

When corporate layoffs are low, this can mean that the job market is relatively tight, which can be a harbinger of wage inflation.

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CHART: Announced Job Cuts
July 2022 THRU September 2025
Copyright © Challenger, Gray and Christmas, Inc.

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Job Cuts - Month-by-Month Totals
SEPTEMBER 2025 UPDATE
Copyright © Challenger, Gray and Christmas, Inc.

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• Click here to read the full Challenger, Gray and Christmas report

    ================

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Job Openings and Labor Turnover Survey (JOLTS) for AUGUST 2025

Job Openings and Labor Turnover Survey (JOLTS*) for August, 2025 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 7,000,000

• Actual:   7,227,000

-------------------------

• Previous Month (revised): 7,208,000
  
  
• Change from Previous Month: -0.26% (-19,000)
   
  
• One-Year Previous: 7,649,000
  
  
• Change from One-Year Previous: -5.52% (-422,000)
  

=============

HIRES: 5,126,000

HIRES vs. 12 Months Previous: -2.0% (-104,000)

-----------

QUITS: 3,091,000

QUITS vs. 12 Months Previous: -2.71% (-86,000)

-----------

LAYOFFS + DISCHARGES: 1,725,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +1.65% (+28,000)

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TOTAL SEPARATIONS ^§: 5,111,000

TOTAL SEPARATIONS vs. 12 Months Previous: -1.14% (-59,000)

=============

 

§ = Here's How The Labor Department Defines Total Separations:

"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

CHART: Number of Jobless People
per Job Opening, Seasonally Adjusted
AUGUST 2010 thru AUGUST 2025

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=============

• * = The JOLTS data series began back in December of 2000. 
  
  
• Click here to view the full Labor Department JOLTS report.
  
  

=============

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New Unemployment Insurance Claims for The Week of September 20, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on September 20, 2025:

====================

Predicted: 220,000

• Actual: 218,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 232,000

• 4-Week Moving Average: 237,500

====================

• Click here to view the full Labor Department report

====================

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New Unemployment Insurance Claims for The Week of September 13, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on September 13, 2025:

====================

Predicted: 235,000

• Actual: 231,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 264,000

• 4-Week Moving Average: 240,000

====================

• Click here to view the full Labor Department report

====================

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New Unemployment Insurance Claims for The Week of September 6, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on September 6, 2025:

====================

Predicted: 250,000

• Actual: 263,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 236,000

• 4-Week Moving Average: 240,500

====================

From Today's Report:

 "...In the week ending September 6, the advance figure for seasonally adjusted initial claims was 263,000, an increase of 27,000 from the previous week's revised level. This is the highest level for initial claims since October 23, 2021 when it was 268,000..."

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• Click here to view the full Labor Department report

====================

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Job Openings and Labor Turnover Survey (JOLTS) for JULY 2025

Job Openings and Labor Turnover Survey (JOLTS*) for July, 2025 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 7,300,000

• Actual:   7,181,000

-------------------------

• Previous Month (revised): 7,357,000
  
  
• Change from Previous Month: -2.4% (-176,000)
   
  
• One-Year Previous: 7,504,000
  
  
• Change from One-Year Previous: -4.3% (-323,000)
  

=============

HIRES: 5,308,000

HIRES vs. 12 Months Previous: -2.62% (-143,000)

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QUITS: 3,208,000

QUITS vs. 12 Months Previous: -5.37% (-182,000)

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LAYOFFS + DISCHARGES: 1,808,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +3.61% (+63,000)

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TOTAL SEPARATIONS ^§: 5,289,000

TOTAL SEPARATIONS vs. 12 Months Previous: -2.67% (-145,000)

=============

 

§ = Here's How The Labor Department Defines Total Separations:

"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

CHART: Number of Jobless People
per Job Opening, Seasonally Adjusted
JULY 2010 thru JULY 2025

=============
=============

• * = The JOLTS data series began back in December of 2000. 
  
  
• Click here to view the full Labor Department JOLTS report.
  
  

============= 

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New Unemployment Insurance Claims for The Week of August 30, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on August 30, 2025:

====================

Predicted: 230,000

• Actual: 237,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (unrevised): 229,000

• 4-Week Moving Average: 231,000

====================

• Click here to view the full Labor Department report

==================== 

New Unemployment Insurance Claims for The Week of August 23, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on August 23, 2025:

====================

Predicted: 230,000

• Actual: 229,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 234,000

• 4-Week Moving Average: 228,500

====================

• Click here to view the full Labor Department report

==================== 

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New Unemployment Insurance Claims for The Week of August 16, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on August 16, 2025:

====================

Predicted: 230,000

• Actual: 235,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (unrevised): 224,000

• 4-Week Moving Average: 226,250

====================

From Today's Report:

 "... The advance number for seasonally adjusted insured unemployment during the week ending August 9 was 1,972,000, an increase of 30,000 from the previous week's revised level. This is the highest level for insured unemployment since November 6, 2021 when it was 2,041,000. The previous week's level was revised down by 11,000 from 1,953,000 to 1,942,000. The 4-week moving average was 1,954,500, an increase of 6,500 from the previous week's revised average. The previous week's average was revised down by 2,750 from 1,950,750 to 1,948,000..."

 ====================

• Click here to view the full Labor Department report

====================   

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New Unemployment Insurance Claims for The Week of August 9, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on August 9, 2025:

====================

Predicted: 220,000

• Actual: 224,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 227,000

• 4-Week Moving Average: 221,750

====================

• Click here to view the full Labor Department report

====================   

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New Unemployment Insurance Claims for The Week of August 2, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on August 2, 2025:

====================

Predicted: 220,000

• Actual: 226,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 219,000

• 4-Week Moving Average: 220,750

====================

From Today's Report:

 "...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending July 26, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 26 was 1,974,000, an increase of 38,000 from the previous week's revised level. This is the highest level for insured unemployment since November 6, 2021 when it was 2,041,000..."

 ====================

• Click here to view the full Labor Department report

====================   

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Job Openings and Labor Turnover Survey (JOLTS) for JUNE 2025

Job Openings and Labor Turnover Survey (JOLTS*) for June, 2025 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 7,500,000

• Actual:   7,437,000

-------------------------

• Previous Month (revised): 7,712,000
  
  
• One Year Previous: 7,412,000
  
  
• Change from one year previous: +0.34% (+25,000)
  

=============

HIRES: 5,204,000

HIRES vs. 12 Months Previous: +2.28% (+116,000)

-----------

QUITS: 3,142,000

QUITS vs. 12 Months Previous: -4.32% (-142,000)

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LAYOFFS + DISCHARGES: 1,604,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +9.34% (+137,000)

-----------

TOTAL SEPARATIONS ^§: 5,060,000

TOTAL SEPARATIONS vs. 12 Months Previous: -0.08% (-4,000)

=============

 

§ = Here's How The Labor Department Defines Total Separations:

"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

CHART: Number of Jobless People
per Job Opening, Seasonally Adjusted
JUNE 2010 thru JUNE 2025

=============
=============

• * = The JOLTS data series began back in December of 2000. 
  
  
• Click here to view the full Labor Department JOLTS report.
  
  

============= 

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New Unemployment Insurance Claims for The Week of July 26, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on July 26, 2025:

====================

Predicted: 220,000

• Actual: 218,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (unrevised): 217,000

• 4-Week Moving Average: 221,000

====================

• Click here to view the full Labor Department report

====================   

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New Unemployment Insurance Claims for The Week of July 19, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on July 19, 2025:

====================

Predicted: 220,000

• Actual: 217,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (unrevised): 221,000

• 4-Week Moving Average: 224,500

====================

• Click here to view the full Labor Department report

====================   

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New Unemployment Insurance Claims for The Week of July 12, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on July 12, 2025:

====================

Predicted: 235,000

• Actual: 221,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 228,000

• 4-Week Moving Average: 229,500

====================

From Today's Report:

 "...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending July 5, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 5 was 1,956,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised down by 11,000 from 1,965,000 to 1,954,000. The 4-week moving average was 1,957,500, an increase of 4,750 from the previous week's revised average. This is the highest level for this average since November 20, 2021 when it was 2,004,250. The previous week's average was revised down by 2,500 from 1,955,250 to 1,952,750..."

====================

• Click here to view the full Labor Department report

====================   

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New Unemployment Insurance Claims for The Week of July 5, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on July 5, 2025:

====================

Predicted: 235,000

• Actual: 227,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 232,000

• 4-Week Moving Average: 235,500

====================

From Today's Report:

 "...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending June 28, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 28 was 1,965,000, an increase of 10,000 from the previous week's revised level. This is the highest level for insured unemployment since November 13, 2021 when it was 1,970,000. The previous week's level was revised down by 9,000 from 1,964,000 to 1,955,000. The 4-week moving average was 1,955,250, an increase of 3,500 from the previous week's revised average. This is the highest level for this average since November 20, 2021 when it was 2,004,250. The previous week's average was revised down by 2,250 from 1,954,000 to 1,951,750..."

====================

• Click here to view the full Labor Department report

====================   

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New Unemployment Insurance Claims for The Week of June 28, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on June 28, 2025:

====================

Predicted: 235,000

• Actual: 233,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 237,000

• 4-Week Moving Average: 241,500

====================

From Today's Report:

 "...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending June 21, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 21 was 1,964,000, unchanged from the previous week's revised level. The previous week's level was revised down by 10,000 from 1,974,000 to 1,964,000. The 4 -week moving average was 1,954,000, an increase of 15,500 from the previous week's revised average. This is the highest level for this average since November 20, 2021 when it was 2,004,250. The previous week's average was revised down by 2,500 from 1,941,000 to 1,938,500..."

====================

• Click here to view the full Labor Department report

====================  

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Job Openings and Labor Turnover Survey (JOLTS) for MAY 2025

Job Openings and Labor Turnover Survey (JOLTS*) for May, 2025 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 7,400,000

• Actual:   7,769,000

-------------------------

• Previous Month (revised): 7,395,000
  
  
• One Year Previous: 7,901,000
  
  
• Change from one year previous: -1.67% (-132,000)
  

=============

HIRES: 5,503,000

HIRES vs. 12 Months Previous: -1.26% (-70,000)

-----------

QUITS: 3,293,000

QUITS vs. 12 Months Previous: -1.85% (-62,000)

-----------

LAYOFFS + DISCHARGES: 1,601,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: -3.84% (-64,000)

-----------

TOTAL SEPARATIONS ^§: 5,242,000

TOTAL SEPARATIONS vs. 12 Months Previous: -1.35% (-72,000)

=============

 

§ = Here's How The Labor Department Defines Total Separations:

"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

CHART: Number of Jobless People
per Job Opening, Seasonally Adjusted
MAY 2010 thru MAY 2025

=============
=============

• * = The JOLTS data series began back in December of 2000. 
  
  
• Click here to view the full Labor Department JOLTS report.
  
  

============= 

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New Unemployment Insurance Claims for The Week of June 21, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on June 21, 2025:

====================

Predicted: 240,000

• Actual: 236,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 246,000

• 4-Week Moving Average: 245,000

====================

From Today's Report:

 "...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending June 14, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 14 was 1,974,000, an increase of 37,000 from the previous week's revised level. This is the highest level for insured unemployment since November 6, 2021 when it was 2,041,000. 

The previous week's level was revised down by 8,000 from 1,945,000 to 1,937,000.

The 4-week moving average was 1,941,000, an increase of 16,750 from the previous week's revised average. This is the highest level for this average since November 20, 2021 when it was 2,004,250. The previous week's average was revised down by 2,000 from 1,926,250 to 1,924,250..."

====================

• Click here to view the full Labor Department report

====================  

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New Unemployment Insurance Claims for The Week of June 14, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on June 14, 2025:

====================

Predicted: 245,000

• Actual: 245,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

 -->  Previous Week (revised): 250,000

• 4-Week Moving Average: 245,500

====================

From Today's Report:

 "...The 4-week moving average was 245,500, an increase of 4,750 from the previous week's revised average. This is the highest level for this average since August 19, 2023 when it was 246,000. The previous week's average was revised up by 500 from 240,250 to 240,750.

The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending June 7, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 7 was 1,945,000, a decrease of 6,000 from the previous week's revised level. The previous week's level was revised down by 5,000 from 1,956,000 to 1,951,000. The 4-week moving average was 1,926,250, an increase of 13,000 from the previous week's revised average. This is the highest level for this average since November 20, 2021 when it was 2,004,250. The previous week's average was revised down by 1,250 from 1,914,500 to 1,913,250..."

====================

• Click here to view the full Labor Department report

==================== 

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