🚨 #ALERT: U.S. JOB CUTS HIT 17-YEAR HIGH
January layoffs soar to 108,435, marking the worst start to the year in 17 years. That’s:
📈 118% higher than last year
📈 205% higher than December
Businesses are slashing costs amid uncertainty, hitting workers across multiple industries.
⚠️ Key Points:
Job market shows signs of weakening
Consumer spending could slow
Even stable sectors aren’t immune
Risk of recession rising if layoffs continue
📊 Short-term impact: Markets and households brace for turbulence.
Stay alert and monitor workforce trends closely. 👀