U.S. layoffs hit 2025 low in May as job growth remains strong at 172,000
In May, major U.S. employers issued the fewest mass layoff announcements so far this year, with USA TODAY tracking only 250 notices affecting 32,000 workers. This includes Spirit Airlines' shutdown affecting nearly 7,000 workers. Meanwhile, the U.S. added 172,000 jobs in May and the unemployment rate held steady at 4.3%, indicating a strong labor market despite some notable corporate cuts.
Key quotes
Major U.S. employers issued the fewest layoff announcements so far this year in May, tracking with the strong employment numbers the government announced June 5.
USA TODAY tracked just 250 mass layoff notices in May, affecting 32,000 workers.
U.S. employers added 172,000 jobs in May, with the unemployment rate holding steady at 4.3%.
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