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U.S. job cuts drop 18% M/M in September and 20% Y/Y: Challenger Job Cuts Report

3 weeks ago 16

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U.S.-based employers announced 43,281 job cuts in September, declining 18% from August and 20% from the same month a year ago. The number represents the lowest total for the month since 2022, according to a report released from outplacement firm Challenger, Gray & Christmas on Thursday.

This was corrected on 10/01/2026, 6:29 AM. Corrects September 2026 job cuts number to 43,281 instead of 44,281.

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