Macro EconomyMedium•1 October 2026•
1 min read
US Job Cuts Fall in September as Hiring Plans Hit 15-Year Seasonal Low
Key Facts
1US employers announced 43,281 job cuts in September, down 18% from August and 20% from a year earlier.
2Employers announced plans to hire 90,787 workers in September, marking the weakest September total since 2011.
3The tech sector led layoffs with 10,799 cuts in September, a 77% increase from August.
US employers announced 43,281 job cuts in September, marking an 18% decrease from August and a 20% drop from a year earlier. Forexlive reported that hiring plans reached 90,787 positions, the weakest total for the month of September since 2011, suggesting that employers are becoming increasingly cautious about adding new staff.
The technology sector led the layoffs with 10,799 cuts in September, representing a 77% increase from the previous month despite the overall decline in national figures. This labor market cooling follows data from September 24, 2026, which showed the 4-week average of jobless claims at 202.25k, while continuing jobless claims stood at 1,719k on the same date.