January 2017 US Challenger layoffs -45943 vs 33627 prior

Details of the January 2017 US Challenger layoffs data report 2 February 2017

  • In percentage terms -38.8% vs 42.4% prior y/y

Excuse the minus on the original headline. Reuters printed it.

Hiring was up some 136k after Taco Brands and Yum announced 100k in hiring plans by 2020. 100k of the 136k is in the computer sector.

Retail saw the most layoffs, which isn't a surprise as that's often a case after the Christmas holiday period.

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