Challenger Job Cuts Report for September 2024

The global outplacement consultancy Challenger, Gray and Christmas, Inc. released its job cuts report, for September 2024:

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Job Cuts Announced During September 2024: 72,821

• Previous month: 75,891

• Change from previous month: -4.05% (-3,070 cuts)

• Change from one year previous: +53.45% (+25,364 cuts)
  

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If corporate layoffs are high, consumer spending may decline, since there would be fewer people with steady jobs.

When corporate layoffs are low, this can mean that the job market is relatively tight, which can be a harbinger of wage inflation.
 

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Challenger Report - Announced Jobs Cuts
September 2024 UPDATE

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Challenger Report - Month by Month TOTALS
September 2024 UPDATE
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• Click here to read the full Challenger, Gray and Christmas report

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