January layoffs highest since Great Recession: analyst [View all]
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Source: Raw Story
By Travis Gettys
Published February 5, 2026 10:41AM ET
Layoffs hit their highest total last month since the Great Recession nearly two decades ago, according to a new analysis, and employers don't look to be adding jobs soon.
U.S. employers announced 108,435 layoffs for January, up 118 percent from the same period a year ago and 205 percent from December, according to outplacement firm Challenger, Gray & Christmas, and CNBC reported those were the highest totals for January since the depths of the global financial crisis in 2009.
“Generally, we see a high number of job cuts in the first quarter, but this is a high total for January,” said Andy Challenger, chief revenue officer for the firm. “It means most of these plans were set at the end of 2025, signaling employers are less-than-optimistic about the outlook for 2026.”
Read more: https://www.rawstory.com/layoff-totals-2026-great-recession/
Every time there is this economic reality ................guess who was or is in power............and then who bails them out........
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