Job cuts announced by US-based employers fell by 34 percent to 40,023 in April 2019, the lowest level since last August, from 60,587 in the previous month. The biggest cuts were reported for Industrial Goods manufacturers (5,159), followed by Consumer Products manufacturers (4,705) and Automotive manufacturers (3,915). Still, April cuts were up 11 percent compared to 36,081 cuts announced in the same month of 2018. So far this year, employers have announced 230,433 job cuts, 31 percent higher than the 176,280 announced in the first four months of last year. Challenger Job Cuts in the United States averaged 64812.30 Persons from 1994 until 2019, 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 43000.00 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 65000.00 in 12 months time. In the long-term, the United States Challenger Job Cuts is projected to trend around 55000.00 Persons in 2020, according to our econometric models.

United States Challenger Job Cuts
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-31 12:30 PM Challenger Job Cuts 53K 43.9K 50K
2019-03-07 12:30 PM Challenger Job Cuts 76.8K 53K 49K
2019-04-04 11:30 AM Challenger Job Cuts 60.6K 76.8K 55.1K
2019-05-02 11:30 AM Challenger Job Cuts 40K 60.6K 42K
2019-06-06 11:30 AM Challenger Job Cuts 40K 34K
2019-07-03 11:30 AM Challenger Job Cuts 43K
2019-08-01 11:30 AM Challenger Job Cuts 32K


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.80 10.80 2.50 percent [+]
Non Farm Payrolls 263.00 189.00 1118.00 -1959.00 Thousand [+]
Nonfarm Payrolls Private 236.00 179.00 1092.00 -811.00 Thousand [+]
Government Payrolls 27.00 10.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 4.00 0.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 211.00 212.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1676.00 1664.00 6635.00 988.00 Thousand [+]
ADP Employment Change 275.00 151.00 360.00 -706.00 Thousand [+]
Employed Persons 156645.00 156748.00 156949.00 57635.00 Thousand [+]
Unemployed Persons 5824.00 6211.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.20 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.50 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.80 63.00 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.80 0.78 4.40 0.08 percent [+]
Youth Unemployment Rate 8.30 8.80 19.50 7.80 percent [+]
Labour Costs 109.69 109.94 109.94 17.00 Index Points [+]
Productivity 106.99 106.06 106.99 26.02 Index Points [+]
Job Vacancies 7343.00 6708.00 7484.00 2132.00 Thousand [+]
Job Offers 7488.00 7142.00 7626.00 2264.00 Thousand [+]
Challenger Job Cuts 40023.00 60587.00 248475.00 15100.00 Persons [+]
Wages 23.31 23.24 23.31 2.50 USD/Hour [+]
Wage Growth 4.19 4.22 13.78 -5.88 percent [+]
Wages in Manufacturing 22.04 21.96 22.04 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.70 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 129778.00 129969.00 130159.00 64640.00 Thousand [+]
Part Time Employment 26915.00 26938.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
40023.00 60587.00 248475.00 15100.00 1994 - 2019 Persons Monthly
NSA




Country Last Previous
United States 40023.00 Apr/19


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