Report: August Layoffs Reached Record Highs, New Hires Hit Historic Lows

August saw the highest monthly total of U.S. job layoffs in 15 years as year-to-date hiring dropped to the lowest in nearly 20 years

• Employers announced 75,891 layoffs last month — a stunning 193-percent surge compared to July, data from the career transition service published Thursday states. 
• The difference between this August compared to August 2023 (75,151 layoffs) is less stark, but still enough to push last month to the highest number of job cuts since 2009...