In July, US employers announced 33,429 layoffs, marking the lowest monthly figure since 2024 according to a report by Challenger, Gray & Christmas. This represented a 27% decrease compared to June and a 46% decline relative to the same period from the previous year.
The significant reduction in announced job cuts brings the monthly total to its lowest level in two years, reflecting a notable slowdown in corporate downsizing across the United States during the month of July.
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