The short answer is **nah**, we aren't at a record high—at least not when looking at the entire history of the U.S. labor market. However, there is a "vibe" that we are, because in certain categories (like announced job cuts), we’ve recently hit levels not seen since the Great Recession.
Here is the breakdown of where we actually stand as of March 2026:
### 1. The "Record High" Reality Check
If you look at the **BLS (Bureau of Labor Statistics)** data, the actual layoff rate is hovering around