Stunning new data reveals 140% layoff spike in July, with almost half connected to AI and 'technological updates'
Employers across the U.S. announced 62,075 job cuts in July, a 29% increase from June and a 140% surge over July 2024, ending the typical midsummer lull.
Florida's unemployment rate remained at 3.7% in June, with private-sector jobs down 21,000 from May, indicating a shrinking workforce of 11.193 million.