Layoffs across the information sector are accelerating: The layoff rate in the information sector jumped +0.7 percentage points in June, to 2.3%, the 3rd-highest since the 2020 pandemic.

This means that ~2.3% of employees in the sector were laid off or discharged during the month. Since November 2025, the layoff rate has more than doubled. In absolute terms, 63,000 workers were laid off or discharged in June, the 3rd-highest monthly total since April 2020. As a result, the 6-month moving average layoff rate rose to 2.0%, the 2nd-highest on record. By comparison, this metric peaked at ~1.5% during the 2008 Financial Crisis and the 2001 recession. AI continues to transform the labor market.

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