PANews|Aug 06, 2026 09:45
[U.S. July Layoffs Decrease, Hiring Activity Rebounds]
According to Jintou News, the latest U.S. Challenger Layoff Report shows that U.S. layoffs in July dropped to 33,429, with hiring plans rebounding. Artificial intelligence remained the primary driver of layoffs for the fifth consecutive month. The report states that the number of layoffs announced by U.S. employers in July decreased by 27% compared to June and was down 46% year-over-year, marking the lowest monthly layoff total in two years. The total number of layoffs in July was the lowest since July 2024, when 25,885 layoffs were announced. As of July, employers have announced 477,033 layoffs, a 41% decrease compared to the first seven months of 2025. This is the fifth time this year that layoff numbers have been lower than the same period last year. Layoff rates have significantly declined this summer.
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