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5.3

US Layoffs Jan-Sep Hit 4-Year Low, Labor Market Resilience

US companies announced 573,195 job cuts in January-September, the lowest for that period since 2022, per Challenger, Gray & Christmas. This signals continued labor market strength, reducing near-term recession risk. The data is a lagging indicator but supports a resilient growth narrative.

Interfaxabout 18 hours agoUSCredibility 36%View source

Score Breakdown

Mosaic Score5.3
Model confidence0.9
Significance0.5
Source credibility0.4

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