US employers have announced 7,999 hiring plans in December 2024, the least in four months, compared to 11,621 in November. Considering full 2024, companies announced 769,953 hiring plans, the lowest value since 2015, and down 1.3% from 2023. “The slower hiring pace reflects ongoing uncertainty in economic conditions and cautious approaches by employers to expansion. While certain sectors are accelerating recruitment, others remain hesitant due to market volatility and the impact of the new administration”, said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc. source: Challenger, Gray and Christmas, Inc.

Hiring Plans Announcements in the United States averaged 92956.94 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. This page includes a chart with historical data for the United States Hiring Plans Announcements. United States Challenger Hiring Plans Announcements - values, historical data and charts - was last updated on January of 2025.

Related	Last	Previous	Unit	Reference
ADP Employment Change	122.00	146.00	Thousand	Dec 2024
Average Hourly Earnings MoM	0.40	0.40	percent	Nov 2024
Average Hourly Earnings YoY	4.00	4.00	percent	Nov 2024
Average Weekly Hours	34.30	34.20	Hours	Nov 2024
Challenger Job Cuts	38792.00	57727.00	Persons	Dec 2024
Continuing Jobless Claims	1867.00	1834.00	Thousand	Dec 2024
Employed Persons	161141.00	161496.00	Thousand	Nov 2024
Employment Cost Index	0.80	0.90	percent	Sep 2024
Employment Cost - Benefits	0.80	1.00	percent	Sep 2024
Employment Cost - Wages	0.80	0.90	percent	Sep 2024
Employment Rate	59.80	60.00	percent	Nov 2024
Full Time Employment	133385.00	133496.00	Thousand	Nov 2024
Government Payrolls	33.00	38.00	Thousand	Nov 2024
Hiring Plans Announcements	7999.00	11621.00	Persons	Dec 2024
Initial Jobless Claims	201.00	211.00	Thousand	Jan 2025
Job Layoffs and Discharges	1765.00	1748.00	Thousand	Nov 2024
JOLTs Job Openings	8098.00	7839.00	Thousand	Nov 2024
JOLTs Job Quits	3065.00	3326.00	Thousand	Nov 2024
Job Quits Rate	1.90	2.10	Percent	Nov 2024
Job Openings	7660.00	8261.00	Thousand	Nov 2024
Jobless Claims 4-week Average	213.00	223.25	Thousand	Jan 2025
Participation Rate	62.50	62.60	percent	Nov 2024
Labour Costs	121.98	121.40	points	Sep 2024
Long Term Unemployment Rate	0.98	0.95	percent	Nov 2024
Manufacturing Payrolls	22.00	-48.00	Thousand	Nov 2024
Minimum Wages	7.25	7.25	USD/Hour	Dec 2023
Non Farm Payrolls	227.00	36.00	Thousand	Nov 2024
Nonfarm Payrolls Private	194.00	-2.00	Thousand	Nov 2024
Nonfarm Productivity	2.20	2.10	percent	Sep 2024
Part Time Employment	27666.00	27943.00	Thousand	Nov 2024
Population	335.89	334.13	Million	Dec 2023
Productivity	114.48	113.85	points	Sep 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	7.80	7.70	percent	Nov 2024
Unemployed Persons	7145.00	6984.00	Thousand	Nov 2024
Unemployment Rate	4.20	4.10	percent	Nov 2024
Unit Labour Costs	0.80	-1.10	percent	Sep 2024
Wage Growth	5.80	5.60	percent	Nov 2024
Wages	30.57	30.48	USD/Hour	Nov 2024
Wages in Manufacturing	28.30	28.18	USD/Hour	Nov 2024
Youth Unemployment Rate	9.40	9.50	percent	Nov 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.