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

The pace of downsizing increased in December of 2016 as U.S.-based employers announced plans to shed 33,627 workers from payrolls. December job cuts were 25 percent higher than the 26,936 cuts announced in November and were up 42 percent from last December, when job cuts totaled 23,622. However, December marked the third consecutive month in which job cuts remained significantly below the annual average of 43,910. Considering full 2016, employers announced a total of 526,915 job cuts, 12 percent fewer than the 598,510 cuts in 2015 and below the 539,581 annual job cuts average since 2010, marking the first year of recovery in the wake of the Great Recession. The heaviest job cuts in 2016 occurred in the energy sector, which announced 107,714 layoffs during the year, with most cuts announced in the first half of 2016, as the industry continued to suffer from historically low oil prices. 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)
2016-11-03 11:30 AM Oct 30.7K 44.3K 41K
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 33.6K 30.4K
2017-03-02 12:30 PM Feb 27.9K
2017-04-06 11:30 AM Mar 31.9K




United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.60 10.80 2.50 percent [+]
Non Farm Payrolls 156.00 204.00 1115.00 -1967.00 Thousand [+]
Government Payrolls 12.00 6.00 427.00 -260.00 Thousand [+]
Nonfarm Payrolls Private 144.00 198.00 1089.00 -814.00 Thousand [+]
Manufacturing Payrolls 17.00 -7.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 247.00 237.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2087.00 2116.00 6635.00 988.00 Thousand [+]
ADP Employment Change 153.00 215.00 336.00 -805.00 Thousand [+]
Employed Persons 152111.00 152085.00 152111.00 57635.00 Thousand [+]
Unemployed Persons 7529.00 7400.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.40 -0.10 0.60 -0.30 percent [+]
Average Weekly Hours 34.30 34.30 34.70 33.70 Hours [+]
Labor Force Participation Rate 62.70 62.60 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.15 1.16 2.80 1.15 percent [+]
Youth Unemployment Rate 10.00 10.10 19.50 7.80 percent [+]
Productivity 106.90 106.10 107.00 27.60 Index Points [+]
Labour Costs 110.70 110.50 110.70 17.12 Index Points [+]
Job Vacancies 5246.00 5772.00 6197.00 2132.00 Thousand [+]
Job Offers 5522.00 5451.00 5845.00 2196.00 Thousands [+]
Challenger Job Cuts 33627.00 26936.00 248475.00 15100.00 Persons [+]
Wages 21.80 21.73 21.80 2.50 USD/Hour [+]
Wages in Manufacturing 20.73 20.60 20.73 1.27 USD/Hour [+]
Wage Growth 3.52 4.28 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.50 0.60 1.60 0.20 percent [+]
Labor Market Conditions Index -0.30 2.10 32.40 -49.00 [+]
Population 321.57 319.07 321.57 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 Low Skilled 1780.00 1810.00 1860.00 1450.00 USD/Month [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 USD/Month [+]
Living Wage Family 2710.00 2680.00 2850.00 2680.00 USD/Month [+]
Living Wage Individual 1660.00 1650.00 1710.00 1650.00 USD/Month [+]
Part Time Employment 27895.00 27845.00 28134.00 10086.00 Thousand [+]
Full Time Employment 124248.00 124202.00 124301.00 64640.00 Thousand [+]
Employment Rate 59.70 59.70 64.70 55.00 percent [+]



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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
33627.00 26936.00 248475.00 15100.00 1994 - 2016 Persons Monthly
NSA



Last
United States 33627.00 Dec/16