Oct. job cuts highest for month since 2003
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"Unfortunately, this was a very significant layoff that had very significant effect on union members," said one of the attorneys for state employee unions.
Key Takeaways U.S. employers announced the most job cuts in October than in any October since 2003.The report by private consulting firm Challenger, Gray, & Christmas is more important because the ongoing shutdown has delayed official government reports.
Companies announced 153,074 job cuts in October, nearly triple the number during the same month in 2024. Read more at straitstimes.com. Read more at straitstimes.com.
There was a 76.5% decline in CMS reimbursement for MRI between 2003 and 2025, according to a study published Nov. 4 in Clinical Imaging. Researchers analyzed CMS fee schedules from 2003 to 2025 and adjusted for inflation based on data from the Bureau of Labor Statistics for the study.