U.S. layoffs drop nearly 40% in 2026 to 4-year low, new data shows
Hiring plans are up 3% so far this year, signaling the labor market remains resilient, experts say.
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Hiring plans are up 3% so far this year, signaling the labor market remains resilient, experts say.
Strong hiring last month was driven by gains in education and in leisure and hospitality, with the nation's jobless rate remaining steady at 4.1%.
Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Many Americans are signaling disapproval of the technology amid fears that it will eclipse already competitive entry-level jobs.
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
Hint: It involves AI, and a LinkedIn economist says employers are clamoring for people to fill these roles.
Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.
Employers cut more than 108,000 jobs in January, the highest total for that month since 2009, new data shows.
The monthly job gains were slightly below the 55,000 forecast by economists, according to a poll by FactSet.
New study ranks the best job markets in the U.S. based on commute times, access to employer health insurance and other factors.
Employers across the U.S. added 139,000 jobs in May while the nation's unemployment rate remained at 4.2%, new data shows.
