The US job market is undergoing a severe test that hasn't been seen in over a decade. According to the latest data, the number of layoffs announced in the US in 2025 is expected to reach 1,206,374, a 58% increase compared to last year, marking the highest record since 2020.
How terrifying is this number? Looking at it in a historical context, it is the second-highest level since the 2009 financial crisis and the seventh-highest since records began in 1989. In other words, the average monthly layoffs have hit a five-year high, surpassing the 100,000 mark.
In terms of industry distribution, government agencies have become the "biggest layoff employers," with 308,167 layoffs. The technology and warehousing sectors follow closely behind, with 154,445 and 95,317 layoff announcements respectively.
What is driving this large-scale wave of layoffs? The reform measures of DOGE (Government Efficiency Department) are the main driving force, followed by unfavorable market conditions and worsening economic prospects. This wave of volatility in the US job market also reflects the complexity of the overall economic situation.
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GasDevourer
· 01-12 02:25
Oh no, the US layoffs are so fierce... why hasn't the crypto market dropped along with them?
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1.2 million unemployed, this is the real bear market
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Government agencies are all cutting staff, what can we expect?
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Tech industry layoffs over 150,000, these Silicon Valley giants are really something
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Laying off 100,000 people per month on average, no wonder crypto prices are so resistant to decline
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DOGE reform has caused chaos in the government, interesting
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Second highest since the financial crisis? Should we start bottom fishing?
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The warehousing industry is also beginning to cut jobs, a sign of economic recession, right?
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The US economy is doomed? Then I’m bullish on BTC
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At a time like this, instead of worrying about the stock market, better to buy crypto to preserve value
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RugPullProphet
· 01-11 10:57
Government departments cut more than 300,000 jobs? This is the real "cost reduction and efficiency improvement," hilarious.
Oh my god, with this number, 100,000 people unemployed in a month, it's really time to start stockpiling food.
DOGE reform directly cuts jobs; while efficiency has improved, the cost is a bit high.
Second highest after the financial crisis? Something's not right; this time, it's really coming.
The US has also started large-scale layoffs. Our tech companies are the same; global unemployment synchronization, right?
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ImpermanentTherapist
· 01-11 10:52
Damn, 1.2 million layoffs? This number really can't be sustained anymore. The US economy is about to face a big problem.
Wait, government departments are the ones laying off the most? DOGE's move is really ruthless, efficiency first.
The tech industry is also caught in the crossfire. Everyone is truly on edge this time.
The second highest in history, just shy of the 2009 financial crisis. If another wave hits, no one can withstand it.
Is this all for the US? I thought things might stabilize a bit.
It feels like the global economy is cooling down along with the US. Will Asia follow suit?
These numbers look hopeless, but the market is actually rising? I'm stunned.
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CrossChainMessenger
· 01-11 10:37
1.2 million layoffs? This number is truly shocking, the second time since the financial crisis...
What's going on with the US economy?
DOGE's recent move is really aggressive, cutting over 300,000 government jobs at once. The tech industry isn't doing well either. Is this bear market going to continue?
Will the US stock market fall again? Watching with holding coins...
I don't understand, why are so many people losing their jobs, but the crypto market still has opportunities?
Wait, with so many government layoffs, will it affect regulation? Is this good or bad for the crypto world...
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BagHolderTillRetire
· 01-11 10:36
With the 1.2 million layoffs data released, I knew the US stock market was going to fall. It's really happening now.
US government agencies are all laying off staff, indicating the economy is really struggling.
The tech industry is cutting jobs the most, it feels like the crypto space is going to suffer.
DOGE reform is cutting people, it sounds tough.
This wave of unemployment is probably going to crash consumer spending, which is even worse for the crypto circle.
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UncommonNPC
· 01-11 10:35
Wow, 1.2 million people unemployed? That number must be heart-stopping.
The recent layoffs in the tech industry are exhausting to watch; I really need to adjust my expectations.
Is the US economy undergoing a major shift, or is it just cyclical fluctuations? Who the hell can say for sure?
The efficiency reforms in DOGE this round have indeed come at a high cost; the common people are footing the bill.
The government departments are cutting so harshly; I just wonder if it will affect the speed of welfare approval...
At a ten-year high, what does it mean? Either macro adjustments are happening, or it's truly a turning point.
Compared to the 2009 financial crisis, is this situation the same in nature? Or do the surface numbers just look frightening?
The warehousing industry is also suffering, is e-commerce truly dead?
The wave of unemployment is here; will the crypto world follow suit? It's a matter of historical patterns.
If these layoffs are really happening, how many people will be forced to sell their homes? Just thinking about it hurts.
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SchroedingerMiner
· 01-11 10:29
Wow, 1.2 million layoffs? This number has caused a huge buzz in the crypto world. The US stock market still isn't falling enough.
Everyone is shouting recession, I just want to ask when is the right time to start buying the dip.
DOGE's reform is so aggressive, Wall Street and Silicon Valley must be crying their eyes out haha.
If the traditional economy collapses, it might actually benefit us? But if the US crashes, the whole world will shake. We still need to keep an eye on it.
The US job market is undergoing a severe test that hasn't been seen in over a decade. According to the latest data, the number of layoffs announced in the US in 2025 is expected to reach 1,206,374, a 58% increase compared to last year, marking the highest record since 2020.
How terrifying is this number? Looking at it in a historical context, it is the second-highest level since the 2009 financial crisis and the seventh-highest since records began in 1989. In other words, the average monthly layoffs have hit a five-year high, surpassing the 100,000 mark.
In terms of industry distribution, government agencies have become the "biggest layoff employers," with 308,167 layoffs. The technology and warehousing sectors follow closely behind, with 154,445 and 95,317 layoff announcements respectively.
What is driving this large-scale wave of layoffs? The reform measures of DOGE (Government Efficiency Department) are the main driving force, followed by unfavorable market conditions and worsening economic prospects. This wave of volatility in the US job market also reflects the complexity of the overall economic situation.