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Updated Dec. 16, 2025, 3:35 p.m. ETThe latest jobs report shows U.S. hiring slowed in November and employers shed jobs in October, providing a clearer view of the labor market after months of data disruptions. American employers added 64,000 jobs in November, after an estimated loss of 105,000 in October led by a decline in federal government workers, the Bureau of Labor Statistics said Dec. 16. The report also revealed the unemployment rate rose to 4.6%, up from 4.4% in September and 4% at the beginning of the year. It's the highest unemployment rate since September 2021."The good news is that we finally get federal data on the job market after the logjam caused by the government shutdown. The not-so-good news is that it isn’t pretty,” Bankrate Senior Economic Analyst Mark Hamrick said in a note.Payroll gains for August and September were revised down by a total of 33,000, indicating the labor market was even weaker at the end of summer and into early fall than initially estimated. The BLS said because the government shutdown disrupted data collection, the November estimates “are...

Jan. 9, 2026Updated Jan. 11, 2026, 3:28 p.m. ETAmerican employers added 50,000 jobs in December, falling short of some analysts’ expectations, and capping off a volatile year for the U.S. job market.Last year was marked by relatively strong and steady job growth in the first few months, followed by noticeable cooling starting in May, with multiple months showing net job losses after revisions. In December, the unemployment rate declined to 4.4%, down from 4.6% in November. November's rate was the highest rate since September 2021. Payroll gains for October were revised down by 68,000, from -105,000 to -173,000. Payroll gains for November were also revised down by 8,000, indicating the labor market was weaker at the end of 2025 than initially estimated.The data provides “a mixed but concerning close to 2025,” according to Dustin Thackeray, CFA, partner and head of portfolio management at Crewe Advisors. Labor Day sales are heating up: Shop the best deals before they're gone“The labor market’s resilience is being tested, and the coming months will be critical in determining whether this is a late-cycle slowdown or the prelude to something more persistent,” Thackeray told USA TODAY.Payroll employment rose by 584,000 in 2025, down from an...

Updated Feb. 5, 2026, 4:06 p.m. ETEmployers announced 108,435 job cuts in January, the highest tally for the first month of the year since 2009, according to a report out Feb. 5, and a sign employers may be taking defensive steps against economic uncertainty.The report, from global outplacement and executive coaching firm Challenger, Gray & Christmas, mirrored other data released Feb. 5 that suggested the labor market is cooling. Unemployment benefits claims rose in the most recent week, and job openings slipped in December.“Generally, we see a high number of job cuts in the first quarter, but this is a high total for January,” Andy Challenger said in a release accompanying his firm's report.Employer plans to hire were also at the lowest since 2009, the tail end of the Great Recession, when the jobless rate hovered near double digits, Challenger said. The 5,306 hiring plans announced in January were half the 10,496 announced in December, and job cuts were more...