A cooling job market — Signals of a shifting economy
Private data is revealing early signs of softness in the U.S. labor market — even as official government reports remain paused.
Recent private-sector analyses show slower job creation and a sharp rise in layoffs. ADP data points to modest hiring, concentrated in large companies and specific regions, while Challenger, Grey & Christmas reports the highest monthly job cuts since 2003 — led by warehousing and tech.
Behind the headlines lie deeper forces: trade policy uncertainty, stricter immigration trends, and the growing impact of AI reshaping business investment and hiring.
Source: https://www.deloitte.com/us/en/insights/topics/economy/global-economic-outlook/weekly-update.html
