Layoff pace in December hit lowest level since mid-2024, Challenger says
CNBC·2026-01-08 20:37
Business representatives staff a table at a career fair in Harlem hosted by Assemblymember Jordan Wright on Dec. 10, 2025, in New York City.Announced layoffs fell sharply in December, hitting a 17-month low in a potential sign that the labor market is at least stabilizing, consulting firm Challenger, Gray & Christmas reported Thursday.Planned job cuts totaled 35,553 for the month, a 50% slide from November and an 8% decrease from the same period a year ago. This was the lowest total since July 2024 in a yea ...