Story perspectives

US Job Cuts Surge Amid Government Shutdown and Low Openings

11/8/2025

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Center

Job Market Turmoil

The U.S. government shutdown has halted the release of official labor market data, complicating job-condition assessments.
October data show 153,074 announced job cuts, the highest for that month since 2003.
Automatic Data Processing, Inc. (ADP) reports a modest addition of 42,000 private-sector jobs, mainly from large companies.
Despite some healthcare hiring potential, overall job openings remain at their lowest level since 2021, and small businesses face declines in hiring.

Left

Amazon, UPS Job Cuts

Job growth remains weak this fall as Amazon and UPS announce more than 150,000 job cuts in October.
The labor market has not drastically changed.
Economists say the labor force is growing slowly due to aging demographics and immigration policies.
Workers, especially recent graduates, face challenges in job searching and negotiating raises.
Employee confidence is at its lowest since June.

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Job Market Turmoil

The U.S. government shutdown has halted the release of official labor market data, complicating job-condition assessments.
October data show 153,074 announced job cuts, the highest for that month since 2003.
Automatic Data Processing, Inc. (ADP) reports a modest addition of 42,000 private-sector jobs, mainly from large companies.
Despite some healthcare hiring potential, overall job openings remain at their lowest level since 2021, and small businesses face declines in hiring.

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