4th increase in a row vs. last year
The Challenger job cuts vs a year ago rose by 6.4%. Last year in March the job cuts announced totaled 34,399. This year the total rose to 36,594. In February, the announced job cuts were 50,579 (vs 41,835 last year)and in January, the announced cuts were 53,041 (vs 45, 107 in January 2014).
Overall in the 1st quarter, the announced job cuts totaled 140,214 vs 121,341 in Q1 of 2014
For the current month:
East 7315 vs 10,831 last year.
Midwest 13,425 vs. 7931 last year.
West 11,405 vs. 9649 last year
South 4449 vs. 5988 last year
Below is the announced monthly Job cuts on a monthly basis.