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.

United States Challenger Job Cuts
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Calendar GMT Actual Previous Consensus 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 216.00 233.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1722.00 1750.00 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 0.77 0.84 2.80 0.74 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 4.60 4.79 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.

Actual Previous Highest Lowest Dates Unit Frequency
43884.00 53073.00 248475.00 15100.00 1994 - 2018 Persons Monthly
NSA




Country Last Previous
United States 43884.00 Dec/18


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