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...
OCTOBER 2021 JOB CUTS RISE 28% TO 22,822 Published November 4, 2021 Job cuts announced by U.S.-based employers rose 27.5% in October to 22,822 from the 17,895 announced in September. It is the highest monthly total since May, when 24,586 cuts were recorded, according to a report...
Challenger Report: September Cuts Rise 14%, Lowest Quarterly Total Since Q2 1997; 1.7K+ Cuts Due to Vaccine Refusal Published October 7, 2021 Job cuts announced by U.S.-based employers rose 14% in September to 17,895 from the 24-year low of 15,723 cuts announced in August, according to a...
Job Cuts Fall To Lowest Monthly Total Since June 1997, Lowest YTD On Record Published September 2, 2021 U.S.-based employers announced 15,723 job cuts in August, down 17% from the 18,942 cuts announced in July. Last month’s total is the lowest since in June 1997, when...
Challenger July Job Report: Jan-Jul Job Cuts Lowest on Record As Companies Announce 18,942 in July Published August 5, 2021 As companies increasingly report difficulty finding and keeping talent and the Delta variant spurs a rise in COVID cases, U.S.-based employers announced 18,942 job cuts in July,...
Historically, less job cuts happen in the summer Posted July 15, 2021 With summer in full swing, some job seekers may feel the best time to look for new positions has passed. That is not the case, according to one authority. "Traditionally, we see the fewest job cuts...
Challenger June 2021 Job Cuts Report Published July 1, 2021 Companies Holding Tight to Their Teams Job cuts announced by U.S.-based employers fell 16.7% in June to 20,476 from 24,586 cuts announced in May. Last month’s total is the lowest monthly total since June 2000, when 17,241 job...
Challenger Pharmaceutical Industry Job Cuts Report Published June 18, 2021 Job cuts announced by Pharmaceutical companies in the U.S. soared in May surpassing the industry total for the entire year of 2020, according to a report released Tuesday from global outplacement and business and executive coaching firm...
A Labor Shortage with 8 Million Unemployed Published June 17, 2021 Quits And Job Openings At Record Highs: What Is Happening In The Labor Market? Recent labor data point to an increasingly tightening job market, with reports of workers quitting instead of returning to work in-person, while employers...
