Andy Challenger from Challenger, Gray and Christmas, an executive outplacement firm, joined ABC 7 Chicago Thursday morning to help put some of the numbers in context.
Chicago-based United Airlines announced it will involuntarily furlough more than 13,000 employees starting Thursday. Periphery businesses will also be affected, Challenger said.
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Challenger, Gray and Christmas said about two million jobs have been cut this year, and Challenger called the number "shockingly high."
He said that's up 350% from last year and includes more cuts than the Great Recession.
But some businesses are still seeing success, including Amazon, online retail shopping and McDonald's, Challenger said.
RELATED: US layoffs remain elevated as 837,000 seek unemployment aid
But out-of-work veterans are getting some help from a recruiting farm called RecruitMilitary. It's hosting a virtual career fair until 3 p.m. Thursday.
The free event is open to all members of the military community, past and present, as well as military spouses and dependents.
Visit recruitmilitary.com for more information.