United States Challenger Job Cuts

Job cuts announced by US-based employers fell by 17.3 percent to 43,884 in December 2018 from 53,073 in the previous month, but rose 35.3 percent from 32,423 in the same month last year. Retailers announced 98,563 cuts, 29.5 percent higher than the 76,084 announced in December 2017. In 2018, 538,659 job cuts were announced, 28.6 percent higher than the 418,770 announced in 2017. This is the highest annual total since 598,510 cuts were recorded in 2015, and the second-highest total since 2011, when 606,082 cuts were announced. Retail cuts comprise 18.3 percent of all announced cuts this year. Challenger Job Cuts in the United States averaged 64908.39 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.

Challenger Job Cuts in the United States is expected to be 55080.00 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 34000.00 in 12 months time. In the long-term, the United States Challenger Job Cuts is projected to trend around 31000.00 Persons in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-10-04	11:30 AM	Challenger Job Cuts	55.3K	38.472K	38.7K
2018-11-01	11:30 AM	Challenger Job Cuts	75.6K	55.3K	41.8K
2018-12-06	12:30 PM	Challenger Job Cuts	53.1K	75.6K	64.1K
2019-01-03	12:30 PM	Challenger Job Cuts	43.884K	53.073K	33.3K
2019-01-31	12:30 PM	Challenger Job Cuts
2019-03-07	12:30 PM	Challenger Job Cuts
2019-04-04	11:30 AM	Challenger Job Cuts			55.1K

United States Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	3.90	3.70	10.80	2.50	percent	[+]
Non Farm Payrolls	312.00	176.00	1115.00	-1967.00	Thousand	[+]
Nonfarm Payrolls Private	301.00	173.00	1089.00	-821.00	Thousand	[+]
Government Payrolls	11.00	3.00	427.00	-260.00	Thousand	[+]
Manufacturing Payrolls	32.00	27.00	572.00	-519.00	Thousand	[+]
Initial Jobless Claims	213.00	216.00	695.00	162.00	Thousand	[+]
Continuing Jobless Claims	1737.00	1719.00	6635.00	988.00	Thousand	[+]
ADP Employment Change	271.00	157.00	384.00	-836.00	Thousand	[+]
Employed Persons	156945.00	156803.00	156945.00	57635.00	Thousand	[+]
Unemployed Persons	6294.00	6018.00	15352.00	1596.00	Thousand	[+]
Average Hourly Earnings	0.40	0.20	0.60	-0.20	percent	[+]
Average Weekly Hours	34.50	34.40	34.60	33.70	Hours	[+]
Labor Force Participation Rate	63.10	62.90	67.30	58.10	percent	[+]
Long Term Unemployment Rate	0.80	0.77	4.40	0.08	percent	[+]
Youth Unemployment Rate	8.70	8.10	19.50	7.80	percent	[+]
Labour Costs	109.05	108.81	109.60	17.00	Index Points	[+]
Productivity	105.69	105.10	105.69	26.03	Index Points	[+]
Job Vacancies	6540.00	7320.00	7320.00	2132.00	Thousand	[+]
Job Offers	6888.00	7131.00	7293.00	2196.00	Thousand	[+]
Challenger Job Cuts	43884.00	53073.00	248475.00	15100.00	Persons	[+]
Wages	23.05	22.96	23.05	2.50	USD/Hour	[+]
Wage Growth	4.20	4.49	13.78	-5.88	percent	[+]
Wages in Manufacturing	21.91	21.80	21.91	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	60.60	60.60	64.70	55.00	percent	[+]
Full Time Employment	129913.00	129755.00	129913.00	64640.00	Thousand	[+]
Part Time Employment	26994.00	27039.00	28134.00	10086.00	Thousand	[+]
Living Wage Family	2380.00	2270.00	2380.00	2160.00	USD/Month	[+]
Living Wage Individual	1660.00	1560.00	1660.00	1450.00	USD/Month	[+]
Wages High Skilled	4520.00	4330.00	4950.00	4330.00	USD/Month	[+]
Wages Low Skilled	1960.00	1760.00	2340.00	1760.00	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 January of 2019.