The hiring is back. That is a big deal. Surprised the market futures are down, but the hiring is “planned”, it is not been fulfilled yet.
First the yahoo link, but it is without the hiring numbers.
The Challenger, Gray & Christmas report for March 2026 highlights a month of rising job cuts and a significant rebound in hiring plans. According to the latest report, U.S. employers announced 60,620 job cuts in March, a 25% increase from the 48,307 cuts reported in February.
[image]Challenger, Gray & Christmas, Inc. +2
Layoff Summary
- Total Cuts: 60,620 announced in March, up 25% month-over-month.
- Primary Driver: Artificial Intelligence (AI) led all reasons for job cuts in March, cited in 15,341 announcements (roughly 25% of total cuts for the month).
- Other Major Reasons:
- Closings: 13,931.
- Restructuring: 8,726.
- Market/Economic Conditions: 6,597.
- Sector Breakdown: The Technology sector remains the primary source of job cuts as companies shift budgets toward AI infrastructure. Transportation (32,241 YTD) and Healthcare (23,520 YTD) also recorded high volumes for the first quarter.
[image]Challenger, Gray & Christmas, Inc. +3
Hiring Summary
- Total Hiring Plans: Employers announced plans to hire 32,826 workers in March, a 157% increase from February.
- Comparison: This is a 149% jump from March 2025, though year-to-date hiring (50,887) is still down 6% compared to the same period last year.
- Key Drivers: Approximately 21% of March hiring plans were for seasonal summer jobs.
- Leading Industries:
- Automotive: 12,258 hires YTD.
- Entertainment/Leisure: 8,261 hires YTD.
[image]Challenger, Gray & Christmas, Inc. +1
Would you like a more detailed breakdown of layoff trends in a specific sector, such as Technology or Healthcare?