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What will be the total U.S. hiring announcements in Q3 2024?
5
Resolution / Starting Odds
Less than 10,000 • 33%
Between 10,000 and 15,000 • 34%
More than 15,000 • 33%
Challenger Gray & Christmas quarterly hiring report
Story
U.S. Employers Announce 63,816 Job Cuts in May 2024, Down 1.5% from April
Jun 6, 2024, 11:30 AM
U.S.-based employers announced plans to cut 63,816 jobs in May 2024, a 1.5% decrease from April and 20.3% lower than the same period last year, according to Challenger Gray. Hiring announcements have also dropped to 4,326, the lowest levels in a decade. The year-on-year decline in job cuts was reported at 20.3%, compared to a previous decline of 3.3%.
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Less than 200,000 • 33%
200,000 to 300,000 • 33%
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Below 150,000 jobs • 25%
150,000 to 200,000 jobs • 25%
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Above 250,000 jobs • 25%
Below 7.5M • 33%
Between 7.5M and 8M • 34%
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Below 150,000 • 33%
150,000 - 175,000 • 33%
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Less than 150,000 jobs • 25%
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150,000 to 200,000 • 34%
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Less than 500 employees • 25%
500-1000 employees • 25%
1000-1500 employees • 25%
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Job additions exceed 175,000 • 50%
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