Back to today’s briefing

Story perspectives

January Job Cuts Hit Record High Amid Economic Uncertainty

2/5/2026

24 4

Summary

Story summary

In January 2026, U.S. employers announced 108,435 job cuts, the highest for January since 2009.
The figure is more than double January 2025, reflecting a trend of defensive measures amid economic uncertainty, with economists predicting a gradual rise in unemployment.
Hiring plans dropped to 5,306, the lowest since 2009, with California reporting 8,286 cuts.
Despite layoffs, the national unemployment rate fell to 4.4% in December 2025.

1 of 1

Story summary

In January 2026, U.S. employers announced 108,435 job cuts, the highest for January since 2009.
The figure is more than double January 2025, reflecting a trend of defensive measures amid economic uncertainty, with economists predicting a gradual rise in unemployment.
Hiring plans dropped to 5,306, the lowest since 2009, with California reporting 8,286 cuts.
Despite layoffs, the national unemployment rate fell to 4.4% in December 2025.