United States Challenger Job Cuts  1994-2018 | Data | Chart | Calendar

Job cuts announced by US-based employers jumped 41.7 percent month-over-month and 13.7 percent year over year to 38,427 in August of 2018, the most since March. Industrial Goods manufacturers announced the most redundancies (10,188) followed by consumer products (4,716), retail (3,715) and financial (2,925). Half of the cuts in industrial goods category were announced by Johnson Controls, which plans to cut 9,200 jobs by 2020 while also adding 900 sales jobs by the end of the year. Last month also saw an increase in companies attributing job cuts to tariffs (521), specifically tariffs on imported steel, which are ongoing, and newsprint, which have recently been overturned. So far this year, employers have announced 310,773 cuts, 7.5 percent higher than the 289,132 cuts announced through this point last year. Meanwhile, hiring announcements increased to 17,274 in August, the highest total since February. Challenger Job Cuts in the United States averaged 65015.64 Persons from 1994 until 2018, reaching an all time high of 248475 Persons in January of 2002 and a record low of 15100 Persons in June of 1997.

United States Challenger Job Cuts
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-05 11:30 AM Challenger Job Cuts 37.2K 31.5K 30.6K
2018-08-02 11:30 AM Challenger Job Cuts 27.122K 37.202K 35.2K
2018-09-06 11:30 AM Challenger Job Cuts 38.472K 27.122K 31.8K
2018-10-04 11:30 AM Challenger Job Cuts 38.472K 38.7K
2018-11-01 11:30 AM Challenger Job Cuts 33.2K
2018-12-06 12:30 PM Challenger Job Cuts 37.6K


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.90 10.80 2.50 percent [+]
Non Farm Payrolls 201.00 147.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 204.00 153.00 1089.00 -821.00 Thousand [+]
Government Payrolls -3.00 -6.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls -3.00 18.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 201.00 204.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1645.00 1700.00 6635.00 988.00 Thousand [+]
ADP Employment Change 163.00 217.00 384.00 -836.00 Thousand [+]
Employed Persons 155542.00 155965.00 155965.00 57635.00 Thousand [+]
Unemployed Persons 6234.00 6280.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.40 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.50 34.50 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.70 62.90 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.82 0.88 2.80 0.74 percent [+]
Youth Unemployment Rate 8.40 8.60 19.50 7.80 percent [+]
Labour Costs 109.33 109.60 109.60 17.00 Index Points [+]
Productivity 105.08 104.34 105.08 26.03 Index Points [+]
Job Vacancies 7313.00 6653.00 7313.00 2132.00 Thousand [+]
Job Offers 6939.00 6822.00 6939.00 2196.00 Thousand [+]
Challenger Job Cuts 38472.00 27122.00 248475.00 15100.00 Persons [+]
Wages 22.73 22.66 22.73 2.50 USD/Hour [+]
Wage Growth 4.83 4.99 13.78 -5.88 percent [+]
Wages in Manufacturing 21.42 21.41 21.53 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.60 0.80 1.60 0.20 percent [+]
Population 325.72 323.41 325.72 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 60.30 60.50 64.70 55.00 percent [+]
Full Time Employment 128577.00 129021.00 129021.00 64640.00 Thousand [+]
Part Time Employment 26913.00 26992.00 28134.00 10086.00 Thousand [+]
Living Wage Family 2240.00 2150.00 2240.00 2120.00 USD/Month [+]
Living Wage Individual 1540.00 1460.00 1540.00 1420.00 USD/Month [+]
Wages High Skilled 4290.00 4120.00 4320.00 3640.00 USD/Month [+]
Wages Low Skilled 2090.00 1830.00 2100.00 1650.00 USD/Month [+]


United States Challenger Job Cuts

Challenger Job-Cut Report provides information on the number of announced corporate layoffs by industry and region. This page provides the latest reported value for - United States Challenger Job Cuts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Challenger Job Cuts - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
38472.00 27122.00 248475.00 15100.00 1994 - 2018 Persons Monthly
NSA




challenger job cuts by Country
Country Last
United States 38472.00 Aug/18


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