US employers announced 33,429 job cuts in July, the lowest monthly total in two years. Layoffs fell 27% from June and were 46% lower than in July 2025, pointing to continued resilience in the labor market despite ongoing structural changes.
Artificial intelligence remained the leading driver of job reductions for the fifth consecutive month, accounting for nearly 11,000 announced layoffs. The figures suggest companies are continuing to restructure their workforces as automation becomes more widely adopted.
The technology sector recorded the highest number of job cuts, with nearly 9,900 positions eliminated. Financial services, government, and the broader services sector also reported notable reductions.
From January through July, announced job cuts totaled 477,033, down 41% compared with the same period last year. Technology remained the hardest-hit industry, followed by transportation, healthcare, services, and government.
Despite ongoing layoffs, hiring plans showed signs of improvement. Employers announced more than 16,000 new positions in July, marking the strongest July hiring total since 2022. The data suggests that while AI continues to reshape workforce needs, companies are still actively creating new jobs in other areas.
BOJ Takes Rates to a 31-Year HighThe Bank of Japan raised its key short-term interest rate by 25 basis points to 1.25% in September, pushing borrowing costs to their highest level since April 1995 and taking another step away from decades of ultra-loose monetary policy.
Detail Fed Hike Sets the Tone for Markets (09.18.2026)Monetary policy remained a key driver at the end of the week following the Federal Reserve’s first rate hike since July 2023.
Fed Hikes to 4%, and It May Not Be DoneThe Federal Reserve raised interest rates for the first time since 2023, delivering a unanimous 25 basis point increase to 3.75%–4.00% in September.
DetailThen Join Our Telegram Channel and Subscribe Our Trading Signals Newsletter for Free!
Join Us On Telegram!
