U.S. employers announced plans to add 4,236 positions in May 2024, the lowest total since 3,022 hires were announced in December 2023, and the lowest total for the month on record. Hiring Plans Announcements in the United States averaged 92531.96 Persons from 2011 until 2024, reaching an all time high of 939790.00 Persons in September of 2021 and a record low of 3022.00 Persons in December of 2023. source: Challenger, Gray and Christmas, Inc.

Related	Last	Previous	Unit	Reference
ADP Employment Change	152.00	188.00	Thousand	May 2024
Average Hourly Earnings MoM	0.40	0.20	percent	May 2024
Average Hourly Earnings YoY	4.10	4.00	percent	May 2024
Average Weekly Hours	34.30	34.30	Hours	May 2024
Challenger Job Cuts	63816.00	64789.00	Persons	May 2024
Continuing Jobless Claims	1839.00	1821.00	Thousand	Jun 2024
Employed Persons	161083.00	161491.00	Thousand	May 2024
Employment Cost Index	1.20	0.90	percent	Mar 2024
Employment Cost - Benefits	1.10	0.70	percent	Mar 2024
Employment Cost - Wages	1.10	1.10	percent	Mar 2024
Employment Rate	60.10	60.20	percent	May 2024
Full Time Employment	133264.00	133889.00	Thousand	May 2024
Government Payrolls	43.00	7.00	Thousand	May 2024
Hiring Plans Announcements	4236.00	9802.00	Persons	May 2024
Initial Jobless Claims	233.00	239.00	Thousand	Jun 2024
Job Layoffs and Discharges	1654.00	1542.00	Thousand	May 2024
JOLTs Job Openings	8140.00	7919.00	Thousand	May 2024
JOLTs Job Quits	3459.00	3452.00	Thousand	May 2024
Job Quits Rate	2.20	2.20	Percent	May 2024
Job Openings	8595.00	8197.00	Thousand	Apr 2024
Jobless Claims 4-week Average	236.00	233.00	Thousand	Jun 2024
Participation Rate	62.50	62.70	percent	May 2024
Labour Costs	121.23	119.86	points	Mar 2024
Long Term Unemployment Rate	0.80	0.74	percent	May 2024
Manufacturing Payrolls	8.00	6.00	Thousand	May 2024
Minimum Wages	7.25	7.25	USD/Hour	Dec 2023
Non Farm Payrolls	272.00	165.00	Thousand	May 2024
Nonfarm Payrolls Private	229.00	158.00	Thousand	May 2024
Nonfarm Productivity	0.20	3.50	percent	Mar 2024
Part Time Employment	28004.00	27718.00	Thousand	May 2024
Population	335.89	334.13	Million	Dec 2023
Productivity	111.91	111.83	points	Mar 2024
Retirement Age Men	66.67	66.50	Years	Dec 2024
Retirement Age Women	66.67	66.50	Years	Dec 2024
U-6 Unemployment Rate	7.40	7.40	percent	May 2024
Unemployed Persons	6649.00	6492.00	Thousand	May 2024
Unemployment Rate	4.00	3.90	percent	May 2024
Unit Labour Costs	4.00	-2.80	percent	Mar 2024
Wage Growth	4.87	5.04	percent	Apr 2024
Wages	29.99	29.85	USD/Hour	May 2024
Wages in Manufacturing	27.64	27.53	USD/Hour	May 2024
Youth Unemployment Rate	9.20	8.20	percent	May 2024

United States Challenger Hiring Plans Announcements

The Challenger Job-Cut Report provides information on the total number of announced corporate layoffs. Produced by Challenger, Gray & Christmas Inc., this monthly report collects and categorizes announcements of corporate layoffs using mass layoff data from state departments of labor.