US Politics on Yik Yak | The (bad) private payrolls report on Thursday overshadowed the also bad job cuts report. We have already cut 17% more jobs this year than all of 2024

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The (bad) private payrolls report on Thursday overshadowed the also bad job cuts report. We have already cut 17% more jobs this year than all of 2024

6 upvotes, 1 comment. Yik Yak link post by Anonymous in US Politics. "The (bad) private payrolls report on Thursday overshadowed the also bad job cuts report. We have already cut 17% more jobs this year than all of 2024"

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Summer Lull Ends: July 2025 Job Cuts Spike to 62,075, Tech, AI & Tariffs Increasingly Blamed

www.challengergray.com

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Anonymous 1w

The private payrolls report is done by a payroll management company called ADP, and the job cuts report is done by an outplacement (helping former employees transition to new jobs) services company called Challenger, Gray, and Christmas. Both of these are separate from BLS so afaik, their stats are still reliable

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