Layoffs across the United States reached their lowest point in four years during August. Employers announced 52,881 job cuts, a significant decrease from the previous year. This trend indicates a resilient job market despite a slowdown in hiring. Consumer products, food, and technology sectors saw the most significant reductions. Restructuring and economic conditions were the primary reasons for these workforce adjustments.
https://www.cbsnews.com/news/august-layoffs-hit-lowest-level-since-2022/