Layoffs Fall, But Hiring Falters: What's Behind the Numbers? The latest labor data shows U. S.
layoffs have fallen to their lowest level in four years, a trend that should bring relief to those concerned about job security. However, hiring is sluggish, and companies remain hesitant to fill open positions.
One reason for the low layoff numbers may be that many businesses have already trimmed their workforces significantly over the past few years.