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Story perspectives

Record Layoffs Surge: 275,240 Jobs Cut in March

4/3/2025

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Story summary
  • In March 2025, U.S. employers reported 275,240 layoffs, a 60% rise from February, largely due to DOGE initiatives.
  • Federal job cuts accounted for nearly 80%, totaling 216,670 layoffs, the third-highest monthly figure since 1989.
  • Year-to-date layoffs reached 497,052, a 93% increase from 2024, with DOGE contributing 280,253 cuts across 27 agencies.
  • The labor market may face gradual impacts as many federal workers remain on paid notice periods.
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