NPN

Number of US job cuts in January rise to over lakh: According to data released by employment services company CGC, there were 1.08 lakh job losses in the US in January 2026. This is said to be the highest number of job losses seen in any country since 2009. Other data has also shed light on the unemployment problem. Washington, February 6: The unemployment situation in the US seems to have reached alarming levels. It is said that the severity of job losses there is more worrying than economists expected. According to data released by employment services company Challenger, Gray and Christmas (CGC), more than one lakh job cuts were made in January. This is said to be the highest number of job losses seen in any January month in the US since 2009. According to the Challenger Report, there were 1,08,435 job cuts in January 2026. Analysts say that this is an indication that the American labor sector is in a weaker state than previously estimated. Not only this report by the Employment Services Company, but also data released by the government's Bureau of Labor Statistics has pointed to a similar situation. December data from the Labor Department According to another data released by the US Bureau of Labor Statistics, job openings decreased to 6.5 million in December. It was 6.9 million in November. In December, job openings or new job opportunities decreased by 4 million. This is said to be the lowest level of job openings since 2020. Another data released by the private HR service company ADP also indicated that the unemployment problem in America is at a high level. According to data released by ADP, private sector companies hired only 22,000 people in January. Similarly, according to another data, the number of people applying for unemployment insurance also increased in January. All these are signs that the unemployment problem in America is becoming more serious. However, while these data indicate that unemployment is increasing, the unemployment rate in December. It is only 4.4 percent. This is not a big unemployment problem to be worried about. However, we can wait and see if the trend of rising unemployment rate in America from January.