2026 Won't Be Different

And here is what to do about it

The 2025 Job Market: What Happened

Let me give you the numbers.

U.S. layoff announcements through November 2025 totaled nearly 1.2 million jobs, up 54% from the same period in 2024. This is the highest figure outside of COVID since the Great Recession.

But here’s what most executives miss. The labor market in 2025 was characterized by a “low-hire, low-fire…