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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