Job cuts plunge to a 2-year low despite AI fears, economic shocks

What this means for your job search: Maintain confidence in your job search, as the market is more active and competition from recent layoffs has decreased. Focus on clearly articulating your value and skills, as companies are actively hiring and filling roles quickly. Layoffs have plunged this year. "Recently laid-off workers are finding jobs as fast as the economy is creating new ones," one economist said.