US Job Cuts Rise Sharply in January In January, U.S. job cuts surged to the highest level in 10 months, with a 136% increase from December. This spike was primarily seen in the financial and technology sectors due to restructuring efforts. Despite this monthly jump, the year-on-year figures show a 20% decrease in job cuts from January 2023. The financial industry, in particular, experienced a significant rise in layoffs, announcing 23,238 job cuts, more than double compared to the same period last year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Kazakhstanis Keeping Less Foreign Currency, Buying More Gold READ MORE Oil Sinks to Monthly Low as Waning War Risks Foster Uneasy Calm READ MORE Deciphering the U.S. Economy's Post-Pandemic Strength READ MORE How & Where to Buy Silver Bars (2024 Buyers Guide) READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
