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

Job cuts announced by US-based employers jumped 18 percent month-over-month to 37,202 in June of 2018 from 31,517 in May which was the lowest monthly level since October of 2017. Year-on-year, job cuts went up 19.6 percent. Considering the three months to June, employers announced 104,800 job cuts, 25.3 percent lower than in the previous period. Despite the quarterly drop, employers have announced 245,179 cuts through June, 8 percent more than the 227,000 cuts announced through June of last year. Retailers continue to lead in job cuts with 73,066 announced so far this year, 16,540 of which were announced in the second quarter. That is a 77.4 percent drop. The Trump Administration’s tariffs on steel have already begun to cost jobs. Challenger tracked 60 job cuts specifically due to steel tariffs in June. Meanwhile, Consumer Products manufacturers, also impacted by a potential trade war, have announced 18,417 cuts so far this year, a 296.9 percent increase from the same period last year. Challenger Job Cuts in the United States averaged 65234.82 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
2018-05-03	11:30 AM	Challenger Job Cuts	36.1K	60.4K	45.7K
2018-05-31	11:30 AM	Challenger Job Cuts	31.5K	36.1K	44.2K
2018-07-05	11:30 AM	Challenger Job Cuts	37.2K	31.5K	30.6K
2018-08-02	11:30 AM	Challenger Job Cuts			35197.85
2018-09-06	11:30 AM	Challenger Job Cuts			29850.34
2018-10-04	11:30 AM	Challenger Job Cuts			36375.03

United States Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	4.00	3.80	10.80	2.50	percent	[+]
Non Farm Payrolls	213.00	244.00	1115.00	-834.00	Thousand	[+]
Nonfarm Payrolls Private	202.00	239.00	1089.00	-821.00	Thousand	[+]
Government Payrolls	11.00	5.00	427.00	-260.00	Thousand	[+]
Manufacturing Payrolls	36.00	19.00	572.00	-519.00	Thousand	[+]
Initial Jobless Claims	207.00	215.00	695.00	162.00	Thousand	[+]
Continuing Jobless Claims	1751.00	1743.00	6635.00	988.00	Thousand	[+]
ADP Employment Change	177.00	189.00	384.00	-836.00	Thousand	[+]
Employed Persons	155576.00	155474.00	155576.00	57635.00	Thousand	[+]
Unemployed Persons	6564.00	6065.00	15352.00	1596.00	Thousand	[+]
Average Hourly Earnings	0.20	0.30	0.60	-0.20	percent	[+]
Average Weekly Hours	34.50	34.50	34.60	33.70	Hours	[+]
Labor Force Participation Rate	62.90	62.70	67.30	58.10	percent	[+]
Long Term Unemployment Rate	0.74	0.80	2.80	0.74	percent	[+]
Youth Unemployment Rate	8.90	8.70	19.50	7.80	percent	[+]
Labour Costs	110.16	109.37	110.16	17.13	Index Points	[+]
Productivity	109.05	108.94	109.05	27.62	Index Points	[+]
Job Vacancies	6671.00	7195.00	7195.00	2132.00	Thousand	[+]
Job Offers	6638.00	6840.00	6840.00	2196.00	Thousand	[+]
Challenger Job Cuts	37202.00	31517.00	248475.00	15100.00	Persons	[+]
Wages	22.62	22.59	22.62	2.50	USD/Hour	[+]
Wage Growth	4.89	4.52	13.77	-5.77	percent	[+]
Wages in Manufacturing	21.40	21.39	21.49	1.27	USD/Hour	[+]
Minimum Wages	7.25	7.25	7.25	0.25	USD/Hour	[+]
Employment Cost Index	0.80	0.60	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	60.40	60.40	64.70	55.00	percent	[+]
Full Time Employment	128568.00	128657.00	128657.00	64640.00	Thousand	[+]
Part Time Employment	27028.00	26883.00	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 July of 2018.