U.S. Challenger Job Cuts Month Rate for May

Challenger, the American employment consulting firm announced the U.S. Challenger Job Cuts Month Rate for May on 2025-06-05. The reported figure stands at -11.03%, with the prior figure recorded as -61.69%.

Regarding the U.S. Challenger Job Cuts Month Rate for May, Reserved, Challenger, Gray & Christmas Inc., an employment information company based in Chicago, publishes monthly layoff statistics based on surveys of corporate layoffs, reflecting changes in the employment market. Changes in the number of layoffs reflect the state of employment at companies. An increase in layoffs indicates a deterioration in the job market, which is unfavorable for the dollar. It is released the day before the official non-farm payroll report from the U.S. Department of Labor, but has less impact on the market compared to the ADP employment report released two days prior to the non-farm payroll data.

This data holds an importance level of , calculated using The employer announced changes in the number of layoffs, and updates monthly.

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