Published August 4, 2022 July Job Cuts Fall 21% From June, Up 36% from July 2021; Hiring Announcements Lowest Since November 2021 U.S.-based employers announced 25,810 cuts in July, a 20.6% decrease from the 32,517 cuts announced in June. It is 36.3% higher than the 18,942 cuts...
PUBLISHED July 7, 2022 Job Cuts Surge Up 57% From May 2022, 59% From June 2021 U.S.-based employers announced 32,517 cuts in June, a 58.8% increase from the 20,476 cuts announced in the same month last year. It is 57% higher than the 20,712 cuts announced in...
May 2022 Challenger Report: Job Cuts Fall Overall, But Explode in Tech, Fintech, Construction Published June 2, 2022 U.S.-based employers announced 20,712 cuts in May, a 14.7% decrease from the 24,286 announced in April. It is 15.8% lower than the 24,586 cuts announced in May of 2021,...
Challenger April 2022 Job Cuts Report Published May 5, 2022 U.S.-based employers announced 24,286 cuts in April, a 14% increase from the 21,387 announced in March and up 6% from the 22,913 cuts announced in April 2021. It is the first time this year job cuts were...
Challenger March 2022 Job Cuts Report Published March 31, 2022 March Cuts Up 40% Over February U.S.-based employers announced 21,387 cuts in March, up 40.3% from the 15,245 cuts announced in February. It is the highest monthly total since October 2021, when 22,822 cuts were announced, according to...
Jobs Report Shows Major Comeback For Illinois, Though Hotel, Restaurant Industries Still Struggle BY TARA MOLINA Published MARCH 9, 2022 Original Article But those aren't the only promising numbers. Enter jobs expert Andy Challenger of Challenger, Gray & Christmas. "We really are seeing the labor market start to fully recover,"...
PUBLISHED March 3, 2022 15,245 CUTS IN FEBRUARY U.S.-based employers announced 15,245 cuts in February, a 20% drop from the 19,064 cuts announced in January. Meanwhile, employers in the U.S. announced plans to hire 215,127 workers, the highest February total on record, according to a report released...
U.S. EMPLOYERS ANNOUNCED FEWEST JOB CUTS ON RECORD IN 2021; 19,052 CUTS IN DECEMBER Published January 6, 2022 Job cuts announced by U.S.-based employers rose 28.1% in December to 19,052 from the 14,875 announced in November. It is 75.3% lower than the 77,030 announced in December 2020,...
CBS News: Andy Challenger, SVP, Discusses Layoffs Falling to Record Low since 1993 Reported by CBS News Published December 2, 2021 Corporate layoffs are falling to their lowest level in nearly 30 years as the U.S. job market bounces back from the coronavirus pandemic. The number of announced...
Challenger Report: November Job Cuts Plummet to Lowest Monthly Total Since May 1993 Published December 2, 2021 Job cuts announced by U.S.-based employers plummeted 34.8% in November to 14,875 from the 22,822 announced in October. It is the lowest monthly total since 14,086 cuts were recorded in...
