United States Challenger Job Cuts  1994-2017 | Data | Chart | Calendar

US based employers announced plans to shed 51,692 workers from payrolls in May of 2017, 41.2 percent higher than 36,602 in April and the highest since April of 2016. 20,000 of those job cuts were announced by Ford Motor Company. As a result, the automotive industry led all industries in May with 20,271 job cuts. The retail industry continued to shed jobs (5,777), mostly due to a changing consumer behavior in grocery shopping. Employers have announced a total of 214,495 job cuts so far this year, down 28 percent from the same period a year earlier. Retailers continued to announce the most job cuts this year with 55,910. Challenger Job Cuts in the United States averaged 66653.32 Persons from 1994 until 2017, 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 Forecast (i)
2017-04-06 11:30 AM Mar 43.3K 37K 40.6K
2017-05-04 11:30 AM Apr 36.6K 43.3K 43.9K
2017-06-01 11:30 AM May 51.7K 36.6K 38.2K
2017-07-06 11:30 AM Jun 51.7K 45.3K
2017-08-03 11:30 AM Jul 45.7K
2017-08-31 11:30 AM Aug 47.5K




United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.40 10.80 2.50 percent [+]
Non Farm Payrolls 138.00 174.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 147.00 173.00 1089.00 -816.00 Thousand [+]
Government Payrolls -9.00 1.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls -1.00 11.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 241.00 238.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1944.00 1936.00 6635.00 988.00 Thousand [+]
ADP Employment Change 253.00 174.00 384.00 -846.00 Thousand [+]
Employed Persons 152923.00 153156.00 153156.00 57635.00 Thousand [+]
Unemployed Persons 6861.00 7056.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.20 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.70 62.90 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.01 1.05 2.80 1.01 percent [+]
Youth Unemployment Rate 8.80 9.40 19.50 7.80 percent [+]
Labour Costs 110.04 109.45 110.75 17.12 Index Points [+]
Productivity 107.50 107.50 107.50 27.60 Index Points [+]
Job Vacancies 6371.00 5684.00 6371.00 2132.00 Thousand [+]
Job Offers 6044.00 5785.00 6044.00 2196.00 Thousands [+]
Challenger Job Cuts 51692.00 36602.00 248475.00 15100.00 Persons [+]
Wages 22.00 21.96 22.00 2.50 USD/Hour [+]
Wage Growth 3.67 4.22 13.77 -5.77 percent [+]
Wages in Manufacturing 20.78 20.76 20.78 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.80 0.50 1.60 0.20 percent [+]
Labor Market Conditions Index 2.30 3.70 32.00 -48.40 Index Points [+]
Population 324.30 322.06 324.30 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 [+]
Living Wage Family 1496.20 1497.50 2680.00 1433.00 USD/Month [+]
Living Wage Individual 1407.76 1399.20 1407.76 1302.75 USD/Month [+]
Part Time Employment 27366.00 27233.00 28134.00 10086.00 Thousand [+]
Full Time Employment 125620.00 125987.00 125987.00 64640.00 Thousand [+]
Employment Rate 60.00 60.20 64.70 55.00 percent [+]
Wages Low Skilled 1780.00 1810.00 1860.00 1450.00 USD/Month [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 USD/Month [+]


United States Challenger Job Cuts Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
51692.00 36602.00 248475.00 15100.00 1994 - 2017 Persons Monthly
NSA



challenger job cuts by Country

Last
United States 51692.00 May/17