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.

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Calendar	GMT		Actual	Previous	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.