US announced job cuts surge 245% in February on federal government layoffs

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In February, US employees have been resigned at the recent two decreas, as a result of mass jobs obtained in federal agencies, have canceled expanded trade agreements and fears.

Thursday’s report reports that Groam & Christmas Great and Christmas reported on Wednesday Protected work cuts In February, it increased by 245% last month 172,017. This is the highest level since July 202, when the economy was transformed from the restrictions on the foliage epidemic, and for February 2009. Since a large drop.

The largest share of judgments was in the government, following the challenge, 62,242 announced job cuts in 17 different federal agencies. During the first two months of 2025, the government registered about 62,530 employees, which increased by 41,311% compared to the previous year.

“It turns out that the administration wants to cut more employees, but about 200,000 trial staff command to open fire to a Federal Judge,“Andreru Molberret, senior vice president, opponent, gray and Christmas.” It remains to see how many employees will lose their federal government. “

In February, the private sector adds only 77K jobs, and expectations are expected, says ADP

“When mass holidays come, it often left the rest of the staff restless and uncertain.

Retailers also declared 38,956 labor cuts for a total of 45,375 in the field. That’s 572% growth from 6,751 Retail work reductions announced in the first two months of 2024.

Technology companies continue to be a leading sphere to reduce labor, although they are down a year ago. During February, technology companies declared 14,554 working reductions, a total of 22,042 – a total of 22,042 in 2025, which increased by 22% in the same period last year.

Doge puts thousands. What effect will unemployment and economy have?

Until now, employers have announced 221,812 labor cuts, the total amount of the highest rye since 2009, when 428,099 work cuts were planned. This figure is 33% higher than 166,945 labor cuts announced in the same period of 2024.

“Private companies have announced that thousands of work have been done last month, particularly in retail and technology,” said Molkat. “With the influence of the Government’s Efficiency Department, the government’s contracts, fear and bankruptcy of trade wars, have increased labor cuts in February.”

Why?

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Market and Economic conditions 36,257 reductions, while bankruptcy caused 35,411 pieces and jobs, unit or plant closure.

Reuters contributed to this report.

 
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