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Job Cuts Explode – Up 65 Percent Compared To Last Year – The Employment Market Has Become A Twisted Game Of Musical Chairs

It is starting to look a lot like the Great Recession again.  I thought that the pace of layoffs in 2024 was bad, but it has just exploded here in 2025.  Vast numbers of good paying jobs are being ruthlessly eliminated, and competition for any decent jobs that are still available has become extremely fierce.  In some cases, workers that have many years of experience are applying for hundreds of jobs but are not even able to get a single interview.  I have said this before, and I will say it again.  If you currently have a job that you highly value, hold on to it as tightly as you can.  You don’t want to be left without a chair when the music stops playing.

The post Job Cuts Explode – Up 65 Percent Compared To Last Year – The Employment Market Has Become A Twisted Game Of Musical Chairs was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.

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