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.

United States Challenger Job Cuts
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Calendar GMT Actual Previous Consensus 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.

Actual Previous Highest Lowest Dates Unit Frequency
37202.00 31517.00 248475.00 15100.00 1994 - 2018 Persons Monthly
NSA




challenger job cuts by Country
Country Last
United States 37202.00 Jun/18


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