United States Challenger Job Cuts  Forecast


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Challenger Job Cuts in the United States is expected to be 41467.38 Persons by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Challenger Job Cuts in the United States to stand at 56704.02 in 12 months time. In the long-term, the United States Challenger Job Cuts is projected to trend around 63500.00 Persons in 2020, according to our econometric models.


United States Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.1 4.2 4.3 4.5 4.5 6
Non Farm Payrolls 261 160 190 170 145 170
Nonfarm Payrolls Private 252 153 147 140 134 114
Government Payrolls 9 13 13.63 13.59 13.59 11
Manufacturing Payrolls 24 10 9.57 11.62 -8.14 -2
Initial Jobless Claims 239 239 251 261 271 327
Continuing Jobless Claims 1904 1915 1946 1977 2006 2231
ADP Employment Change 235 164 174 158 144 150
Employed Persons 153861 154929 155234 155375 155430 154000
Unemployed Persons 6520 6362 6267 6301 6386 7247
Average Hourly Earnings 0 0.31 0.24 0.21 0.2 0.2
Average Weekly Hours 34.4 34.38 34.38 34.37 34.37 34.34
Labor Force Participation Rate 62.7 63.08 63.08 63.09 63.1 63.19
Long Term Unemployment Rate 1.08 1.07 1.05 1.05 1.2 1.4
Youth Unemployment Rate 9 9.2 9.3 9.4 9.5 10.2
Labour Costs 109 109 109 109 109 109
Productivity 109 109 109 110 110 110
Job Vacancies 6114 6281 6133 5981 5836 4914
Job Offers 6093 6042 5987 5934 5883 5484
Challenger Job Cuts 29831 41467 48298 53186 56704 63500
Wages 22.22 22.52 22.79 22.87 23.35 26.5
Wages in Manufacturing 21.07 21.32 21.64 21.76 21.87 25.61
Wage Growth 3.22 3.45 3.66 3.86 4.03 4.89
Minimum Wages 7.25 7.25 7.5 7.5 7.5 7.75
Employment Cost Index 0.7 0.66 0.62 0.62 0.66 0.71
Labor Market Conditions Index 1.5 2 1.7 0.9 -0.2 0.5
Population 324 326 328 328 328 332
Retirement Age Women 66 66 66 66 66 66
Retirement Age Men 66 66 66 66 66 66
Living Wage Family 2240 2191 2166 2154 2142 2167
Living Wage Individual 1540 1465 1478 1485 1492 1470
Part Time Employment 27235 27328 27326 27318 27310 27235
Full Time Employment 126667 127095 127285 127350 127354 127011
Employment Rate 60.2 60.3 60.3 60.3 60.3 60.4
Wages Low Skilled 2090 2028 1907 1847 1786 1807
Wages High Skilled 4290 4131 4070 4039 4008 4064