US Hiring Plans, Job-Cut Announcements Drop in Challenger Report

Oct. 2, 2025, 12:52 PM UTC

US employers dialed back hiring plans in September and announced fewer job cuts, according to data from outplacement firm Challenger, Gray & Christmas.

Companies last month announced plans to add 117,313 jobs, down 71% from a year earlier and marking the weakest September for hiring intentions since 2011. The report released Thursday noted a significant slowdown in seasonal hiring plans compared to years past.

From January through September, US-based employers announced plans to add nearly 205,000 jobs, the weakest year-to-date stretch since 2009.

Separate data out Thursday from Revelio Labs showed employment increased about 60,000 in September — an ...

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