Announced job cuts by U.S.-based employers totaled 47,457 last month, down about 37% from 75,151 in August, outplacement firm Challenger, Gray & Christmas said in the report.
The announced layoffs were the largest since 2020, the first year of the coronavirus pandemic, on a year-to-date basis, the report said.
Employers most frequently cited market uncertainty as a reason for the layoffs last month, followed by the closure of businesses, units or stores.
In September, employers announced plans to add 590,353 jobs, up from the 380,014 announced hires in September 2022.
The majority of these positions fill seasonal hiring needs, the Challenger report said.
Persons:
Elizabeth Frantz, Andrew Challenger, Amina Niasse, Paul Simao
Organizations:
REUTERS, U.S, Employers, Bureau of Labor Statistics, Labor, Survey, Challenger, Thomson
Locations:
Arlington , Virginia, U.S