US-based employers announced 17,895 job cuts in September of 2021, slightly above a 24-year low of 15,723 in August. Still, September’s total is 85% lower than in the same month last year. Like in August, the most cuts were announced by companies in the Health Care/Products (2,673). Considering Q3, employers announced 52,560 job cuts, the lowest quarterly total since the second quarter of 1997. So far this year, employers have announced 265,221layoffs, down 87% from last year and the lowest January-September total on record. "Companies are in hiring and retention mode, and job seekers have a lot of power to make demands at the moment. We know there are millions of open positions, but many employers are having trouble keeping up with their applicants, taking too long to reach out, not making offers fast enough, or losing out to more attractive offers” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc. source: Challenger, Gray and Christmas, Inc.

Challenger Job Cuts in the United States averaged 67973.12 Persons from 1994 until 2021, reaching an all time high of 671129 Persons in April of 2020 and a record low of 15100 Persons in June of 1997. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Challenger Job Cuts in the United States is expected to be 40000.00 Persons by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Challenger Job Cuts is projected to trend around 55000.00 Persons in 2022, according to our econometric models.

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United States Challenger Job Cuts


Calendar GMT Actual Previous Consensus TEForecast
2021-07-01 11:30 AM Jun 20.476K 24.586K 30K
2021-08-05 11:30 AM Jul 18.942K 20.476K 35K
2021-09-02 11:30 AM Aug 15.723K 18.942K 19K
2021-10-07 11:30 AM Sep 17.895K 15.723K 16K
2021-11-04 11:30 AM Oct 17.895K
2021-12-02 12:30 PM Nov


News Stream
US Layoffs Stay Close to 24-Year Low
US-based employers announced 17,895 job cuts in September of 2021, slightly above a 24-year low of 15,723 in August. Still, September’s total is 85% lower than in the same month last year. Like in August, the most cuts were announced by companies in the Health Care/Products (2,673). Considering Q3, employers announced 52,560 job cuts, the lowest quarterly total since the second quarter of 1997. So far this year, employers have announced 265,221layoffs, down 87% from last year and the lowest January-September total on record. "Companies are in hiring and retention mode, and job seekers have a lot of power to make demands at the moment. We know there are millions of open positions, but many employers are having trouble keeping up with their applicants, taking too long to reach out, not making offers fast enough, or losing out to more attractive offers” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc.
2021-10-07
US Companies Cut the Least Jobs since 1997
US-based employers announced 15,723 job cuts in August of 2021, the lowest since June 1997, led by companies in the Health Care/Products sector, which announced 2,259 cuts. Hospitals have struggled with costs since the beginning of the pandemic as revenue-generating elective procedures get cancelled. Others are closing down skilled nursing units due to a shortage of talent. So far this year, employers have announced plans to cut 247,326 jobs from their payrolls, down 87% from the 1,963,458 jobs eliminated through the same period last year. It is the lowest January-August total on record. “Companies are much more concerned about their talent getting poached than with finding ways to cut staff. They are in full retention mode,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc.
2021-09-02
US Job Cuts Fall to 21-Year Low: Challenger
US-based employers announced 18,942 job cuts in July 2021, the least since June 2000, and down 93 percent from the 262,649 cuts announced in the same month last year. The pharmaceutical sector announced the most redundancies (2,249), primarily due to diminishing demand for COVID tests and related materials. Industrial goods manufacturers followed with 2,037 cuts, due to continued supply chain issues, while the services sector announced 1,941 cuts. So far this year, employers have announced plans to cut 231,603 jobs from their payrolls, down 87.5 percent from the 1.85 million jobs eliminated through the same period last year. It was the lowest January-July total on record.
2021-08-05
US Companies Cut the Least Jobs in 21 Years
US-based companies announced 20,476 job cuts in June of 2021, the least since June of 2000 and 88% lower than in the same period last year. “Companies are holding on tight to their workers during a time of record job openings and very high job seeker confidence. We haven’t seen job cuts this low since the Dot-Com boom”, said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc. So far this year, employers have announced plans to cut 212,661 jobs, down 87% from the same period last year and the least since 1995 with the most redundancies announced in the Aerospace/Defense, Telecommunications and Energy.
2021-07-01

United States Last Unit Reference Previous Highest Lowest
Challenger Job Cuts 17895.00 Persons Sep/21 15723.00 671129.00 15100.00


United States Challenger Job Cuts
Challenger Job-Cut Report provides information on the number of announced corporate layoffs by industry and region.