The Latest Breaking News from Challenger Gray Christmas

As the U.S. government shutdown suspends Bureau of Labor Statistics (BLS) data releases, including the critical September jobs report scheduled for Friday, the Chicago Fed has stepped in with a final real-time forecast, predicting a steady unemployment rate of 4.34% for September 2025, based on 11 job market indicators.

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.37%. December E-mini S&P futures (ESZ25 ) rose +0.06%, and December E-mini Nasdaq futures...

Panic selling sent the Nasdaq Composite into correction territory, while the Dow and S&P 500 suffered notable losses.

The government and nonprofit sectors have seen the most CEO exits.

"The current landscape has a lot of uncertainty baked in, and companies are responding by putting temporary leaders in place."

Retailers are ramping up hiring for the holiday season

A shift in workplace power dynamics and a murky economic outlook has employees’ pockets a little lighter this holiday season.

May saw more CEOs leave their positions than any month since 2002, according to new research from a career transitioning firm.

The tech industry has cut almost as many jobs since January as in all of 2001.