‘DOGE’ job cuts push U.S. layoffs to postpandemic high. Is the labor market crumbling?

The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ago — but not because the jobs market is suddenly in a free fall. It isn’t.

Mar 6, 2025 - 20:02
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‘DOGE’ job cuts push U.S. layoffs to  postpandemic high. Is the labor market crumbling?
The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ago — but not because the jobs market is suddenly in a free fall. It isn’t.