In January 2026, planned layoffs in the US surged to 108,435, marking a 205% increase from the previous month and the highest since January 2009. This indicates a cooling labor market and raises concerns about the economic outlook.
Despite rising layoffs, the official non-farm payroll report remains strong, illustrating economic complexities. Meanwhile, Truflation data notes US inflation has fallen below 1%, contrasting with the higher official CPI.
Predictions for the Federal Reserve’s interest rates vary, with some expecting cuts in 2026 that may support risk assets like Bitcoin. The cryptocurrency has seen a nearly 50% decline from its peak of over 126,000 USD.
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