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Report: Most jobs lost last month since 2009
Posted
March 7, 2025
Views
12,455
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March 7, 2025
12,455
131
105
1.89%
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47:57
7:06Now PlayingLayoffs of U.S. workers surged in February to levels that haven't been recorded since the last two recessions amid the Trump administration's mass job cuts at federal agencies, canceled contracts and fears of a widening trade war.
Planned job cuts surged 245% in February to 172,017 last month, according to the report. That's the highest level since July 2020, when the economy was reeling from restrictions related to the COVID pandemic, and the highest total for February since the Great Recession in 2009.
LiveNOW's Christina Evans spoke about what to expect in February's jobs report with Jessica Kriegel, Chief Strategy Officer at Culture Partners.
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