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Trump's Job Market Crisis: Highest Layoffs Since 2009

2/11/2026

25 5 Full Breakdown

Summary

Story summary

U.S. President Donald Trump faces criticism for handling the deteriorating job market after a press release urged calm using "Panican".
In January, 108,435 layoffs occurred, the highest since 2009.
Open job listings are at their lowest.
The administration has delayed releasing official employment data.
Analysts warn the current job market resembles the Great Recession.

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Story summary

U.S. President Donald Trump faces criticism for handling the deteriorating job market after a press release urged calm using "Panican".
In January, 108,435 layoffs occurred, the highest since 2009.
Open job listings are at their lowest.
The administration has delayed releasing official employment data.
Analysts warn the current job market resembles the Great Recession.