US layoff announcements are declining: US job cut announcements dropped -20% YoY in September, to 43,281, the lowest September total since 2022.

In Q3, planned layoffs fell -36% YoY, to 129,591, the lowest quarterly figure since Q4 2023. This brings year-to-date announcements down -39% YoY, to 573,195, the lowest since 2022. This is also the 7th month of 2026 with job cuts below the corresponding month of the prior year. The tech sector saw the most announcements last month and year-to-date, at 10,799 and 165,925 respectively. Meanwhile, market and economic conditions accounted for 8,789 announced job cuts in September, or 20% of all layoffs, bringing the year-to-date total to 114,124, the 2

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