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The Hudson Valley

Business

New York Faces Over 11,500 Job Cuts in 2025, With Hudson Valley Hit Hardest

August 26, 2025
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The Federal Reserve lowered its key interest rate by 0.25 percentage points, reflecting concerns over a rapid slowdown in the U.S. labor market.

New York State has witnessed a major wave of job cuts this year, with more than 11,500 positions eliminated across…

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