United States Challenger Job Cuts  1994-2017 | Data | Chart | Calendar

The pace of downsizing increased in January of 2017 as U.S.-based employers announced plans to shed 45,934 workers from payrolls, up 37 percent from December and the highest in nine months. The top four job cuts announced during the month occurred in the retail sector, with Macy’s leading the pack by reporting plans to close 68 stores and decrease its headcount by 10,000 workers. In all, retailers announced 22,491 planned layoffs in January, accounting for 49 percent of all job cuts recorded during the month. Meanwhile, the energy sector, which announced 20,103 job cuts in January 2016, reported just 1,853 planned layoffs to kick off 2017. Year-on-year, planned job cuts fell 39 percent. Challenger Job Cuts in the United States averaged 67083.65 Persons from 1994 until 2016, reaching an all time high of 248475 Persons in January of 2002 and a record low of 15100 Persons in June of 1997.

United States Challenger Job Cuts
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-01 12:30 PM Nov 26.9K 30.7K 42K
2017-01-05 12:30 PM Dec 33.6K 26.9K 36K
2017-02-02 12:30 PM Jan 45.9K 33.6K 30.4K
2017-03-02 12:30 PM Feb 45.9K 36K
2017-04-06 11:30 AM Mar 40.1K
2017-05-04 11:30 AM Apr 42K




United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.80 4.70 10.80 2.50 percent [+]
Non Farm Payrolls 227.00 157.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 237.00 165.00 1089.00 -816.00 Thousand [+]
Government Payrolls -10.00 -8.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 5.00 11.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 239.00 234.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2076.00 2079.00 6635.00 988.00 Thousand [+]
ADP Employment Change 246.00 151.00 336.00 -805.00 Thousand [+]
Employed Persons 152081.00 152111.00 152111.00 57635.00 Thousand [+]
Unemployed Persons 7635.00 7529.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.10 0.20 0.60 -0.30 percent [+]
Average Weekly Hours 34.40 34.40 34.70 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.16 1.15 2.80 1.15 percent [+]
Youth Unemployment Rate 10.10 10.00 19.50 7.80 percent [+]
Labour Costs 111.10 110.60 111.10 17.12 Index Points [+]
Productivity 107.40 107.00 107.40 27.60 Index Points [+]
Job Vacancies 5040.00 5246.00 6197.00 2132.00 Thousand [+]
Job Offers 5501.00 5505.00 5845.00 2196.00 Thousands [+]
Challenger Job Cuts 45934.00 33627.00 248475.00 15100.00 Persons [+]
Wages 21.84 21.80 21.84 2.50 USD/Hour [+]
Wage Growth 3.57 3.59 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Wages in Manufacturing 20.70 20.67 20.70 1.27 USD/Hour [+]
Employment Cost Index 0.50 0.60 1.60 0.20 percent [+]
Labor Market Conditions Index 1.30 0.60 32.40 -49.00 [+]
Population 324.30 322.06 324.30 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 [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 USD/Month [+]
Living Wage Family 1496.20 1497.50 2680.00 1433.00 USD/Month [+]
Living Wage Individual 1407.76 1399.20 1407.76 1302.75 USD/Month [+]
Part Time Employment 27405.00 27895.00 28134.00 10086.00 Thousand [+]
Full Time Employment 124705.00 124248.00 124705.00 64640.00 Thousand [+]
Employment Rate 59.90 59.70 64.70 55.00 percent [+]
Wages Low Skilled 1780.00 1810.00 1860.00 1450.00 USD/Month [+]



United States Challenger Job Cuts Notes

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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
45934.00 33627.00 248475.00 15100.00 1994 - 2017 Persons Monthly
NSA



Last
United States 45934.00 Jan/17