U.S. Challenger Job Cuts Monthly Rate in April

Challenger, the American employment consulting company announced the U.S. Challenger Job Cuts Monthly Rate in April on 2025-05-01. The reported figure stands at -61.69%, with the prior figure recorded as 60.01%.

Regarding the U.S. Challenger Job Cuts Monthly Rate in April, Reserve, Challenger, Gray & Christmas Inc., an employment information company based in Chicago, releases monthly layoff statistics based on a survey of corporate layoffs, reflecting the changing trends in the job market. Changes in the number of layoffs indicate the employment situation within companies. An increase in layoffs suggests a deterioration in the job market, which is unfavorable for the dollar. This report is released the day before the official non-farm payroll report from the U.S. Department of Labor, but it has less market impact than the ADP employment report released two days before 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.

This content is AI-generated.Please verify before use.

Disclaimer: The content related to future events does not represent Gate’s position, nor does it constitute any investment advice, nor is it an endorsement of any third parties.