- Challenger Job-Cut Report: 24.586K from 22.913K in April.
- So far this year, employers have announced plans to cut 192,185 jobs from their payrolls, down 86% from the 1,414,828 jobs eliminated through the same period last year.
- Health Care/Products led all industries in cuts in May with 2,775, followed by Education with 2,617. This industry includes cuts in early childhood education.
- Employers announced 49,118 hiring plans in May, the lowest monthly total since last May, when 38,981 hiring plans were announced.
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Thursday, June 3, 2021
Challenger: May job cut up 7% to 24.586K
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