U.S. Layoffs Reach Four-Year Low as Jobless Claims Decrease in September

U.S. employers announced a four-year low in job cuts through September 2026, marking a nearly 40% decrease from the previous year. Monthly layoffs in September also fell 20% year-over-year to 43,281. Concurrently, initial jobless claims for the week ending September 26 dropped to 197,000, indicating a robust labor market where businesses are retaining employees.