October Layoffs at Three-Year Low; Seasonal Hiring Plans Up 26%

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Among states with at least 10,000 cuts this year, the largest increases are in Michigan, up 89% to 36,564, and Tennessee, up 68% to 19,446. Texas is essentially flat at 46,528, compared with 46,352 through October 2025. Georgia is down 46% to 42,435, New York is down 54% to 37,378 and New Jersey is down 52% to 31,022.

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