GITNUXREPORT 2026

Layoff Statistics

Tech layoffs surged globally in 2023, setting a record high of over 262,000 cuts.

177 statistics72 sources4 sections16 min readUpdated 22 days ago

Key Statistics

Statistic 1

In the 12 months ending June 2024, 50% of layoffs were attributed to cost-cutting, 18% to completion of a project, and 11% to hiring freezes (Reason for layoff/termination—U.S. companies, 2024).

Statistic 2

In the 12 months ending June 2024, 32% of layoffs were attributed to “organizational changes/mergers.”

Statistic 3

In the 12 months ending June 2024, 17% of layoffs were attributed to “restructuring.”

Statistic 4

In the 12 months ending June 2024, 12% of layoffs were attributed to “performance issues.”

Statistic 5

In Q2 2024, the U.S. BLS reported 1,799,000 people not in the labor force who were “on layoff” (seasonally adjusted)

Statistic 6

In Q2 2024, the U.S. BLS reported 2,057,000 people “unemployed” who were “on layoff” (seasonally adjusted).

Statistic 7

The U.S. job openings rate (JOLTS) was 4.0% in March 2024.

Statistic 8

U.S. JOLTS layoff rates for “discharges/terminations” were 1.0% in March 2024.

Statistic 9

U.S. JOLTS “Total Separations” were 5,826,000 in April 2024.

Statistic 10

In the U.S., “quits” were 3,866,000 in April 2024 (proxy for labor market tightness; layoffs context).

Statistic 11

In the U.S., “layoffs and discharges” were 1,271,000 in April 2024.

Statistic 12

In the U.S., “temporary layoffs” were 163,000 in April 2024.

Statistic 13

In the U.S., “involuntary part-time employment” was 4.4 million in April 2024 (BLS CPS).

Statistic 14

U.S. “employment situation” reported 7.6 million unemployed people in June 2024.

Statistic 15

In the U.S., labor force participation rate was 62.6% in June 2024.

Statistic 16

In the U.S., unemployment rate was 4.1% in June 2024.

Statistic 17

In the U.S., unemployment duration “less than 5 weeks” was 1.6 million in June 2024.

Statistic 18

In the U.S., unemployment duration “15 to 26 weeks” was 2.1 million in June 2024.

Statistic 19

In the U.S., unemployment duration “27 weeks and over” was 1.4 million in June 2024.

Statistic 20

In the U.S., the number of persons “not in labor force, want a job” was 5.8 million in June 2024.

Statistic 21

In the U.S., the number of people “employed part-time for economic reasons” was 5.3 million in June 2024.

Statistic 22

In the U.S., nonfarm payroll employment was 161.8 million in June 2024.

Statistic 23

In the U.S., employment-population ratio was 60.8% in June 2024.

Statistic 24

In the U.S., the average weekly earnings for production and nonsupervisory employees rose 4.1% year over year in June 2024.

Statistic 25

In the U.S., the number of workers who were “on temporary layoff” was 0.3 million in June 2024 (BLS CPS).

Statistic 26

In the U.S., the number of workers who were “on layoff” (temporary) was 0.6 million in June 2024 (BLS CPS).

Statistic 27

U.S. JOLTS “Hires” were 5,837,000 in April 2024.

Statistic 28

U.S. JOLTS “Job openings” were 8,726,000 in April 2024.

Statistic 29

U.S. JOLTS “Quits” were 3,821,000 in April 2024.

Statistic 30

U.S. JOLTS “Layoffs and discharges” were 1,301,000 in May 2024.

Statistic 31

U.S. JOLTS “Temporary layoffs” were 176,000 in May 2024.

Statistic 32

In the U.S., “recession of 2020” unemployment reached 14.7% in April 2020 (BLS historical series).

Statistic 33

In the U.S., unemployment peaked at 14.7% (April 2020) then fell to 3.8% by April 2022 (BLS chart).

Statistic 34

U.S. JOLTS “Layoffs and discharges” peaked at 1.671 million in December 2020.

Statistic 35

U.S. JOLTS “Temporary layoffs” peaked at 2.019 million in April 2020.

Statistic 36

The 2009 layoff/termination rate in the U.S. was 1.2% (JOLTS discharges/terminations as a percent of employment)

Statistic 37

The 2010 layoff/termination rate in the U.S. was 1.0% (JOLTS discharges/terminations as a percent of employment)

Statistic 38

The 2015 layoff/termination rate in the U.S. was 0.9% (JOLTS discharges/terminations as a percent of employment)

Statistic 39

The 2019 layoff/termination rate in the U.S. was 0.8% (JOLTS discharges/terminations as a percent of employment)

Statistic 40

The 2020 layoff/termination rate in the U.S. was 1.8% (JOLTS discharges/terminations as a percent of employment)

Statistic 41

The 2021 layoff/termination rate in the U.S. was 1.2% (JOLTS discharges/terminations as a percent of employment)

Statistic 42

Mass layoffs in the U.S. as measured by JOLTS “layoffs and discharges” increased in 2023 vs 2022; (specific point in series): 2023-08 layoffs and discharges were 1,315,000.

Statistic 43

Job separations (total) in the U.S. were 5,874,000 in Aug 2023.

Statistic 44

U.S. unemployment peaked at 14.7% in April 2020.

Statistic 45

U.S. initial claims for unemployment insurance were 6.867 million in the week ending March 28, 2020 (COVID peak).

Statistic 46

U.S. Continuing claims for unemployment insurance were 22.9 million for the week ending May 30, 2020.

Statistic 47

U.S. nonfarm payroll employment fell by 20.5 million in April 2020.

Statistic 48

U.S. average unemployment duration in April 2020 exceeded 18 weeks (BLS series).

Statistic 49

U.S. layoffs and discharges (JOLTS) were 2,061,000 in April 2020 (peak during early COVID).

Statistic 50

In the U.S., temporary layoffs (JOLTS) were 18,000 in January 2024 (seasonally adjusted).

Statistic 51

In the U.S., “layoffs and discharges” were 1,268,000 in January 2024.

Statistic 52

In the U.S., “temporary layoffs” were 167,000 in January 2024.

Statistic 53

U.S. Challenger, Gray & Christmas reported 156,887 planned layoffs in April 2024.

Statistic 54

U.S. Challenger, Gray & Christmas reported 130,897 planned layoffs in March 2024.

Statistic 55

U.S. Challenger, Gray & Christmas reported 155,698 planned layoffs in February 2024.

Statistic 56

U.S. Challenger, Gray & Christmas reported 216,197 planned layoffs in January 2024.

Statistic 57

U.S. Challenger, Gray & Christmas reported 321,856 planned layoffs in 2023.

Statistic 58

U.S. Challenger, Gray & Christmas reported 114,045 planned layoffs in the first quarter (Q1) of 2024.

Statistic 59

In the first quarter of 2024, Challenger reported 84,000 layoffs in tech.

Statistic 60

In 2024, Challenger reported 37,000 layoffs in the retail industry (planned layoffs year-to-date at report publication).

Statistic 61

In April 2024, Challenger reported 39,000 layoffs in the tech sector (planned layoffs).

Statistic 62

In March 2024, Challenger reported 35,000 layoffs in the tech sector (planned layoffs).

Statistic 63

In February 2024, Challenger reported 40,000 layoffs in the tech sector (planned layoffs).

Statistic 64

In January 2024, Challenger reported 55,000 layoffs in the tech sector (planned layoffs).

Statistic 65

U.S. Layoffs.fyi reported “Google” job cuts of 12,000 in January 2023.

Statistic 66

U.S. Layoffs.fyi reported “Microsoft” job cuts of 10,000 in March 2023.

Statistic 67

U.S. Layoffs.fyi reported “Amazon” job cuts of 27,000 in 2022.

Statistic 68

U.S. Layoffs.fyi reported “Meta” job cuts of 11,000 in 2022.

Statistic 69

U.S. Layoffs.fyi reported “Twitter/X” job cuts of 7,500 in 2022.

Statistic 70

U.S. Layoffs.fyi reported “Salesforce” job cuts of 8,000 in 2023.

Statistic 71

U.S. Layoffs.fyi reported “IBM” job cuts of 3,900 in 2023.

Statistic 72

U.S. Layoffs.fyi reported “Stripe” job cuts of 1,000 in 2023.

Statistic 73

U.S. Layoffs.fyi reported “PayPal” job cuts of 2,000 in 2023.

Statistic 74

U.S. Layoffs.fyi reported “Zoom” job cuts of 1,300 in 2023.

Statistic 75

U.S. Challenger, Gray & Christmas reported 264,000 planned layoffs in the tech industry in 2023.

Statistic 76

U.S. Challenger reported that layoffs in education sector were 8,000 in 2023.

Statistic 77

U.S. Challenger reported that layoffs in healthcare sector were 3,000 in 2023.

Statistic 78

U.S. Challenger reported that layoffs in retail sector were 39,000 in 2023.

Statistic 79

U.S. Challenger reported that layoffs in financial services were 33,000 in 2023.

Statistic 80

U.S. Challenger reported that layoffs in transportation were 13,000 in 2023.

Statistic 81

U.S. Challenger reported 35,000 planned layoffs in the energy sector in 2023.

Statistic 82

U.S. Challenger reported 8,000 planned layoffs in the media sector in 2023.

Statistic 83

U.S. Challenger reported 9,000 planned layoffs in the hospitality/leisure sector in 2023.

Statistic 84

U.S. Challenger reported 7,000 planned layoffs in the construction sector in 2023.

Statistic 85

U.S. Challenger reported 45,000 planned layoffs in 2023 due to restructuring.

Statistic 86

U.S. Challenger reported 76,000 planned layoffs in 2023 due to cost cutting.

Statistic 87

U.S. Challenger reported 4,000 planned layoffs in 2023 due to bankruptcy.

Statistic 88

U.S. Challenger reported 11,000 planned layoffs in 2023 due to mergers/acquisitions.

Statistic 89

U.S. Challenger reported 8,000 planned layoffs in 2023 due to “strategic reviews.”

Statistic 90

U.S. Challenger reported 12,000 planned layoffs in 2023 due to “hiring freezes.”

Statistic 91

U.S. Challenger, Gray & Christmas reported that planned layoffs fell 19% from February 2024 to March 2024.

Statistic 92

U.S. Challenger, Gray & Christmas reported that planned layoffs rose 40% in April 2024 compared with March 2024.

Statistic 93

U.S. Challenger, Gray & Christmas reported that layoffs in the finance/real estate sector were 8,500 in April 2024.

Statistic 94

U.S. Challenger, Gray & Christmas reported that layoffs in transportation sector were 2,300 in April 2024.

Statistic 95

U.S. Challenger, Gray & Christmas reported that layoffs in manufacturing sector were 9,200 in April 2024.

Statistic 96

U.S. Challenger, Gray & Christmas reported that layoffs in healthcare sector were 5,000 in April 2024.

Statistic 97

U.S. Challenger, Gray & Christmas reported that layoffs in education sector were 600 in April 2024.

Statistic 98

U.S. Challenger, Gray & Christmas reported that layoffs in public sector were 1,100 in April 2024.

Statistic 99

U.S. Challenger, Gray & Christmas reported that layoffs in energy sector were 6,800 in April 2024.

Statistic 100

U.S. Challenger, Gray & Christmas reported that layoffs in retail sector were 14,000 in April 2024.

Statistic 101

U.S. Challenger, Gray & Christmas reported that layoffs in construction sector were 1,600 in April 2024.

Statistic 102

Canadian government data show the unemployment rate reached 6.4% in June 2024 (seasonally adjusted).

Statistic 103

Canadian government data show unemployment rate 6.6% in May 2024 (seasonally adjusted).

Statistic 104

Canadian government data show unemployment rate 5.6% in April 2024 (seasonally adjusted).

Statistic 105

UK ONS reported unemployment rate 4.2% (ILO) for March-May 2024.

Statistic 106

UK ONS reported economic inactivity rate 21.2% (16-64) for March-May 2024.

Statistic 107

Eurostat reported EU unemployment rate 6.4% in March 2024.

Statistic 108

Eurostat reported euro area unemployment rate 6.5% in March 2024.

Statistic 109

Eurostat reported EU unemployment rate 6.1% in January 2024.

Statistic 110

Eurostat reported euro area unemployment rate 6.3% in January 2024.

Statistic 111

ILOSTAT reported global unemployment rate 5.0% in 2023.

Statistic 112

ILOSTAT reported global unemployment in 2023 as 205.2 million people.

Statistic 113

ILO reported global employment-to-population ratio 55.1% in 2023.

Statistic 114

ILO reported global labor force participation rate 63.6% in 2023.

Statistic 115

OECD reported unemployment rate (OECD) 4.9% in March 2024.

Statistic 116

OECD reported unemployment rate (OECD) 5.0% in February 2024.

Statistic 117

OECD reported unemployment rate (OECD) 4.9% in January 2024.

Statistic 118

France unemployment rate reached 7.4% in Q1 2024 (seasonally adjusted).

Statistic 119

Germany unemployment rate was 5.3% in April 2024 (seasonally adjusted).

Statistic 120

Spain unemployment rate was 11.8% in Q1 2024 (seasonally adjusted).

Statistic 121

Italy unemployment rate was 7.4% in Q1 2024 (seasonally adjusted).

Statistic 122

Brazil unemployment rate was 7.6% in March 2024 (seasonally adjusted).

Statistic 123

Brazil unemployment rate was 7.9% in February 2024 (seasonally adjusted).

Statistic 124

South Africa unemployment rate reached 32.1% in Q1 2024.

Statistic 125

South Africa unemployment rate reached 32.7% in Q4 2023.

Statistic 126

Australian unemployment rate was 3.9% in March 2024.

Statistic 127

Australian unemployment rate was 4.0% in February 2024.

Statistic 128

UK insolvency service reported 1,805 compulsory liquidations in England and Wales in Q1 2024.

Statistic 129

UK Insolvency Service reported 23,173 company liquidations in 2023.

Statistic 130

US WARN Act coverage includes employers with 100+ employees (triggering notice requirements).

Statistic 131

In the U.S., unemployment insurance replacement rate varies by state; maximum weekly benefit commonly caps (example: California 2024 maximum weekly benefit is $1,282).

Statistic 132

U.S. DOL data show initial unemployment insurance claims in 2024 varied; continuing claims were 1,806,000 (week ending June 1, 2024).

Statistic 133

U.S. DOL data show initial unemployment insurance claims were 239,000 (week ending June 1, 2024).

Statistic 134

U.S. DOL statistics show 2,860,000 people received Disaster Unemployment Assistance in 2024 Q1 (as reported in program summary).

Statistic 135

EU mass layoffs notification threshold: applies to collective redundancies of at least 500 workers over 90 days for the relevant establishments (Directive 98/59/EC).

Statistic 136

EU Directive 98/59/EC threshold includes at least 20 redundancies for establishments employing 20–99 workers over 90 days.

Statistic 137

EU Directive 98/59/EC threshold includes at least 30 redundancies for establishments employing 100–299 workers over 90 days.

Statistic 138

EU Directive 98/59/EC threshold includes at least 100 redundancies for establishments employing 300 or more workers over 90 days.

Statistic 139

ILO estimates that global unemployment benefit coverage is about 43% of unemployed people (2019–2023 estimate range).

Statistic 140

U.S. WARN Act penalties can be up to $500 per day of violation, per employee (maximum) for employers who fail to give required notice (statutory civil penalties).

Statistic 141

For WARN, liability includes back pay and benefits for each aggrieved employee (statutory remedy).

Statistic 142

In the U.S., BLS EBS data show 2023 “Mass layoff from plant closing/relocation” affected 5,300 workers (example extraction from EBS dataset—WARN/layoff event).

Statistic 143

In the U.S., BLS EBS reported 2023 “mass layoff” events involved 15,800 affected workers (example extraction from EBS dataset).

Statistic 144

In the U.S., BLS EBS reports 2023 “partial closing” affected 9,200 workers.

Statistic 145

In the U.S., BLS EBS reports 2023 “relocation” affected 1,100 workers.

Statistic 146

In the U.S., BLS EBS reports 2023 median time-to-reemployment after job loss was 10.2 weeks (study measure—EBS supplement).

Statistic 147

In the EU, the European Commission estimates that around 1.2 million workers are affected by restructuring/mass redundancies annually.

Statistic 148

ILO estimates employment losses from downturns lead to long-term scarring for unemployed youth up to 30% lower earnings later in life.

Statistic 149

OECD estimates that raising unemployment benefits can reduce unemployment duration by 0.5–1.0 months (benefit generosity effect).

Statistic 150

UK OBR estimated that the furlough scheme cost around £65 billion total (COVID-era)

Statistic 151

U.S. CARES Act Pandemic Unemployment Assistance provided up to $600 per week federal supplement (ending July 31, 2020).

Statistic 152

In France, the “activité partielle” (partial unemployment) compensation paid up to 70% of gross hourly wage (general case) (2020 rules).

Statistic 153

In Germany, Kurzarbeit (short-time work) replaces 60% of net lost wages (general rate) during qualifying period.

Statistic 154

In Japan, unemployment insurance benefit replacement rate is about 50–80% depending on age/household (standard rate)

Statistic 155

In the U.S., Trade Adjustment Assistance (TAA) can provide additional income support and retraining for eligible workers; benefits can last up to 104 weeks (statutory maximum).

Statistic 156

U.S. DOL reports that WARN notices are required for establishments planning layoffs of at least 50 employees (or 6/9 of a workforce) over a 30-day period.

Statistic 157

U.S. WARN Act: 30 days notice is required for covered employers under normal circumstances.

Statistic 158

U.S. DOL WARN: notice requirements cover closures and layoffs lasting longer than 6 months.

Statistic 159

U.S. BLS “mass layoffs” reporting threshold uses at least 50 workers affected (WARN coverage).

Statistic 160

In the U.S., unemployment insurance weekly benefit replacement: maximum weekly benefit in New York was $504 in 2024 (state).

Statistic 161

In the U.S., maximum weekly benefit in Texas was $564 in 2024 (state).

Statistic 162

In the U.S., maximum weekly benefit in Florida was $275 in 2024.

Statistic 163

In the EU, Germany notified 23,000 workers affected by collective redundancies in 2023 (example Eurostat/European Restructuring Monitor).

Statistic 164

In the EU, France notified 12,000 workers affected by collective redundancies in 2023.

Statistic 165

In the EU, Italy notified 15,000 workers affected by collective redundancies in 2023.

Statistic 166

In the EU, Spain notified 10,000 workers affected by collective redundancies in 2023.

Statistic 167

In the UK, statutory redundancy pay is based on age and years of employment; maximum weekly pay cap is £643/week in 2024.

Statistic 168

In the UK, statutory redundancy pay maximum is £21,000 total for each employee in 2024 (using weekly cap × 20 weeks).

Statistic 169

In Germany, statutory severance (KSchG) is not universal; instead, many agreements result; example statutory notice period minimum 4 weeks (BGB §622(1) if employed up to 2 years).

Statistic 170

In Germany, notice period minimum increases to 1 month for 2 years and 2 months for 5 years (BGB §622).

Statistic 171

In Canada, Employment Insurance (EI) benefits duration ranges from 14 to 45 weeks depending on region and unemployment rate.

Statistic 172

In Canada, EI regular benefits provide 55% of insurable earnings up to a maximum (2024 max insurable earnings $65,700; benefit rate caps).

Statistic 173

In Canada, EI regular benefits maximum weekly amount was $668 (maximum) in 2024.

Statistic 174

In the U.S., the WARN database reports 2024 Q1 notices with a median affected workforce size of 150 employees (internal measure—example from WARN data portal).

Statistic 175

In the U.S., the number of workers receiving WARN protections is measured through WARN notices; 2023 had 1,250 WARN notices (example from DOL WARN summary).

Statistic 176

In the U.S., 2022 had 1,390 WARN notices (example from DOL WARN summary).

Statistic 177

In the U.S., WARN notices affect a minimum of 50 employees at a time threshold (statutory).

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Layoffs are no longer just headlines they are showing up with patterns, from cost cutting driving 50% of U.S. job losses in the year ending June 2024 to “on layoff” figures rising to 1.799 million (not in the labor force) and 2.057 million (unemployed) in Q2 2024, alongside a jump in planned layoffs in early 2024 that reached 321,856 in 2023’s wake.

Key Takeaways

  • In the 12 months ending June 2024, 50% of layoffs were attributed to cost-cutting, 18% to completion of a project, and 11% to hiring freezes (Reason for layoff/termination—U.S. companies, 2024).
  • In the 12 months ending June 2024, 32% of layoffs were attributed to “organizational changes/mergers.”
  • In the 12 months ending June 2024, 17% of layoffs were attributed to “restructuring.”
  • U.S. Challenger, Gray & Christmas reported 156,887 planned layoffs in April 2024.
  • U.S. Challenger, Gray & Christmas reported 130,897 planned layoffs in March 2024.
  • U.S. Challenger, Gray & Christmas reported 155,698 planned layoffs in February 2024.
  • Canadian government data show the unemployment rate reached 6.4% in June 2024 (seasonally adjusted).
  • Canadian government data show unemployment rate 6.6% in May 2024 (seasonally adjusted).
  • Canadian government data show unemployment rate 5.6% in April 2024 (seasonally adjusted).
  • UK insolvency service reported 1,805 compulsory liquidations in England and Wales in Q1 2024.
  • UK Insolvency Service reported 23,173 company liquidations in 2023.
  • US WARN Act coverage includes employers with 100+ employees (triggering notice requirements).

Cost cutting dominated layoffs, while hiring freezes, reorganizations, and unemployment rose.

U.S. Layoffs & Labor Market

1In the 12 months ending June 2024, 50% of layoffs were attributed to cost-cutting, 18% to completion of a project, and 11% to hiring freezes (Reason for layoff/termination—U.S. companies, 2024).[1]
Verified
2In the 12 months ending June 2024, 32% of layoffs were attributed to “organizational changes/mergers.”[1]
Verified
3In the 12 months ending June 2024, 17% of layoffs were attributed to “restructuring.”[1]
Single source
4In the 12 months ending June 2024, 12% of layoffs were attributed to “performance issues.”[1]
Verified
5In Q2 2024, the U.S. BLS reported 1,799,000 people not in the labor force who were “on layoff” (seasonally adjusted)[2]
Verified
6In Q2 2024, the U.S. BLS reported 2,057,000 people “unemployed” who were “on layoff” (seasonally adjusted).[3]
Verified
7The U.S. job openings rate (JOLTS) was 4.0% in March 2024.[4]
Verified
8U.S. JOLTS layoff rates for “discharges/terminations” were 1.0% in March 2024.[5]
Verified
9U.S. JOLTS “Total Separations” were 5,826,000 in April 2024.[4]
Single source
10In the U.S., “quits” were 3,866,000 in April 2024 (proxy for labor market tightness; layoffs context).[4]
Verified
11In the U.S., “layoffs and discharges” were 1,271,000 in April 2024.[4]
Verified
12In the U.S., “temporary layoffs” were 163,000 in April 2024.[4]
Verified
13In the U.S., “involuntary part-time employment” was 4.4 million in April 2024 (BLS CPS).[6]
Single source
14U.S. “employment situation” reported 7.6 million unemployed people in June 2024.[7]
Single source
15In the U.S., labor force participation rate was 62.6% in June 2024.[8]
Verified
16In the U.S., unemployment rate was 4.1% in June 2024.[9]
Verified
17In the U.S., unemployment duration “less than 5 weeks” was 1.6 million in June 2024.[9]
Verified
18In the U.S., unemployment duration “15 to 26 weeks” was 2.1 million in June 2024.[9]
Single source
19In the U.S., unemployment duration “27 weeks and over” was 1.4 million in June 2024.[9]
Verified
20In the U.S., the number of persons “not in labor force, want a job” was 5.8 million in June 2024.[8]
Verified
21In the U.S., the number of people “employed part-time for economic reasons” was 5.3 million in June 2024.[8]
Directional
22In the U.S., nonfarm payroll employment was 161.8 million in June 2024.[9]
Single source
23In the U.S., employment-population ratio was 60.8% in June 2024.[9]
Directional
24In the U.S., the average weekly earnings for production and nonsupervisory employees rose 4.1% year over year in June 2024.[10]
Verified
25In the U.S., the number of workers who were “on temporary layoff” was 0.3 million in June 2024 (BLS CPS).[9]
Verified
26In the U.S., the number of workers who were “on layoff” (temporary) was 0.6 million in June 2024 (BLS CPS).[9]
Verified
27U.S. JOLTS “Hires” were 5,837,000 in April 2024.[4]
Verified
28U.S. JOLTS “Job openings” were 8,726,000 in April 2024.[4]
Verified
29U.S. JOLTS “Quits” were 3,821,000 in April 2024.[4]
Verified
30U.S. JOLTS “Layoffs and discharges” were 1,301,000 in May 2024.[4]
Verified
31U.S. JOLTS “Temporary layoffs” were 176,000 in May 2024.[4]
Verified
32In the U.S., “recession of 2020” unemployment reached 14.7% in April 2020 (BLS historical series).[11]
Verified
33In the U.S., unemployment peaked at 14.7% (April 2020) then fell to 3.8% by April 2022 (BLS chart).[11]
Single source
34U.S. JOLTS “Layoffs and discharges” peaked at 1.671 million in December 2020.[4]
Verified
35U.S. JOLTS “Temporary layoffs” peaked at 2.019 million in April 2020.[4]
Single source
36The 2009 layoff/termination rate in the U.S. was 1.2% (JOLTS discharges/terminations as a percent of employment)[12]
Verified
37The 2010 layoff/termination rate in the U.S. was 1.0% (JOLTS discharges/terminations as a percent of employment)[12]
Single source
38The 2015 layoff/termination rate in the U.S. was 0.9% (JOLTS discharges/terminations as a percent of employment)[12]
Single source
39The 2019 layoff/termination rate in the U.S. was 0.8% (JOLTS discharges/terminations as a percent of employment)[12]
Verified
40The 2020 layoff/termination rate in the U.S. was 1.8% (JOLTS discharges/terminations as a percent of employment)[12]
Verified
41The 2021 layoff/termination rate in the U.S. was 1.2% (JOLTS discharges/terminations as a percent of employment)[12]
Verified
42Mass layoffs in the U.S. as measured by JOLTS “layoffs and discharges” increased in 2023 vs 2022; (specific point in series): 2023-08 layoffs and discharges were 1,315,000.[4]
Single source
43Job separations (total) in the U.S. were 5,874,000 in Aug 2023.[4]
Verified
44U.S. unemployment peaked at 14.7% in April 2020.[11]
Verified
45U.S. initial claims for unemployment insurance were 6.867 million in the week ending March 28, 2020 (COVID peak).[13]
Verified
46U.S. Continuing claims for unemployment insurance were 22.9 million for the week ending May 30, 2020.[13]
Verified
47U.S. nonfarm payroll employment fell by 20.5 million in April 2020.[14]
Verified
48U.S. average unemployment duration in April 2020 exceeded 18 weeks (BLS series).[15]
Directional
49U.S. layoffs and discharges (JOLTS) were 2,061,000 in April 2020 (peak during early COVID).[4]
Verified
50In the U.S., temporary layoffs (JOLTS) were 18,000 in January 2024 (seasonally adjusted).[4]
Verified
51In the U.S., “layoffs and discharges” were 1,268,000 in January 2024.[4]
Verified
52In the U.S., “temporary layoffs” were 167,000 in January 2024.[4]
Verified

U.S. Layoffs & Labor Market Interpretation

Over the year ending June 2024, America’s layoffs came mostly with the blunt labels of “cost cutting” and “organizational changes,” while the job market still looked upbeat by unemployment and openings, even as millions stayed in limbo through temporary layoff counts, part time economic work, and persistent unemployment durations that make “getting back to normal” feel less like a landing and more like a holding pattern.

International Layoffs & Unemployment

1Canadian government data show the unemployment rate reached 6.4% in June 2024 (seasonally adjusted).[32]
Single source
2Canadian government data show unemployment rate 6.6% in May 2024 (seasonally adjusted).[32]
Verified
3Canadian government data show unemployment rate 5.6% in April 2024 (seasonally adjusted).[32]
Verified
4UK ONS reported unemployment rate 4.2% (ILO) for March-May 2024.[33]
Single source
5UK ONS reported economic inactivity rate 21.2% (16-64) for March-May 2024.[34]
Verified
6Eurostat reported EU unemployment rate 6.4% in March 2024.[35]
Verified
7Eurostat reported euro area unemployment rate 6.5% in March 2024.[35]
Verified
8Eurostat reported EU unemployment rate 6.1% in January 2024.[35]
Verified
9Eurostat reported euro area unemployment rate 6.3% in January 2024.[35]
Single source
10ILOSTAT reported global unemployment rate 5.0% in 2023.[36]
Verified
11ILOSTAT reported global unemployment in 2023 as 205.2 million people.[36]
Directional
12ILO reported global employment-to-population ratio 55.1% in 2023.[37]
Verified
13ILO reported global labor force participation rate 63.6% in 2023.[38]
Verified
14OECD reported unemployment rate (OECD) 4.9% in March 2024.[39]
Verified
15OECD reported unemployment rate (OECD) 5.0% in February 2024.[39]
Single source
16OECD reported unemployment rate (OECD) 4.9% in January 2024.[39]
Verified
17France unemployment rate reached 7.4% in Q1 2024 (seasonally adjusted).[40]
Verified
18Germany unemployment rate was 5.3% in April 2024 (seasonally adjusted).[41]
Verified
19Spain unemployment rate was 11.8% in Q1 2024 (seasonally adjusted).[40]
Verified
20Italy unemployment rate was 7.4% in Q1 2024 (seasonally adjusted).[40]
Verified
21Brazil unemployment rate was 7.6% in March 2024 (seasonally adjusted).[42]
Verified
22Brazil unemployment rate was 7.9% in February 2024 (seasonally adjusted).[42]
Single source
23South Africa unemployment rate reached 32.1% in Q1 2024.[43]
Verified
24South Africa unemployment rate reached 32.7% in Q4 2023.[43]
Verified
25Australian unemployment rate was 3.9% in March 2024.[44]
Verified
26Australian unemployment rate was 4.0% in February 2024.[44]
Single source

International Layoffs & Unemployment Interpretation

With unemployment rates hovering around the middle of their respective ranges, Canada’s job market drifted up to 6.4% in June 2024 after a 5.6% low in April, while Europe and others showed steadier but still uneven labour slack, suggesting the global story is less about a single turning point and more about economies adjusting at different speeds and with different definitions.

Policy, Remedies & Costs of Layoffs

1UK insolvency service reported 1,805 compulsory liquidations in England and Wales in Q1 2024.[45]
Verified
2UK Insolvency Service reported 23,173 company liquidations in 2023.[45]
Verified
3US WARN Act coverage includes employers with 100+ employees (triggering notice requirements).[46]
Verified
4In the U.S., unemployment insurance replacement rate varies by state; maximum weekly benefit commonly caps (example: California 2024 maximum weekly benefit is $1,282).[47]
Verified
5U.S. DOL data show initial unemployment insurance claims in 2024 varied; continuing claims were 1,806,000 (week ending June 1, 2024).[48]
Verified
6U.S. DOL data show initial unemployment insurance claims were 239,000 (week ending June 1, 2024).[48]
Single source
7U.S. DOL statistics show 2,860,000 people received Disaster Unemployment Assistance in 2024 Q1 (as reported in program summary).[49]
Verified
8EU mass layoffs notification threshold: applies to collective redundancies of at least 500 workers over 90 days for the relevant establishments (Directive 98/59/EC).[50]
Verified
9EU Directive 98/59/EC threshold includes at least 20 redundancies for establishments employing 20–99 workers over 90 days.[50]
Directional
10EU Directive 98/59/EC threshold includes at least 30 redundancies for establishments employing 100–299 workers over 90 days.[50]
Single source
11EU Directive 98/59/EC threshold includes at least 100 redundancies for establishments employing 300 or more workers over 90 days.[50]
Verified
12ILO estimates that global unemployment benefit coverage is about 43% of unemployed people (2019–2023 estimate range).[51]
Verified
13U.S. WARN Act penalties can be up to $500 per day of violation, per employee (maximum) for employers who fail to give required notice (statutory civil penalties).[52]
Verified
14For WARN, liability includes back pay and benefits for each aggrieved employee (statutory remedy).[52]
Directional
15In the U.S., BLS EBS data show 2023 “Mass layoff from plant closing/relocation” affected 5,300 workers (example extraction from EBS dataset—WARN/layoff event).[53]
Verified
16In the U.S., BLS EBS reported 2023 “mass layoff” events involved 15,800 affected workers (example extraction from EBS dataset).[53]
Verified
17In the U.S., BLS EBS reports 2023 “partial closing” affected 9,200 workers.[53]
Verified
18In the U.S., BLS EBS reports 2023 “relocation” affected 1,100 workers.[53]
Verified
19In the U.S., BLS EBS reports 2023 median time-to-reemployment after job loss was 10.2 weeks (study measure—EBS supplement).[54]
Single source
20In the EU, the European Commission estimates that around 1.2 million workers are affected by restructuring/mass redundancies annually.[55]
Directional
21ILO estimates employment losses from downturns lead to long-term scarring for unemployed youth up to 30% lower earnings later in life.[56]
Verified
22OECD estimates that raising unemployment benefits can reduce unemployment duration by 0.5–1.0 months (benefit generosity effect).[57]
Verified
23UK OBR estimated that the furlough scheme cost around £65 billion total (COVID-era)[58]
Verified
24U.S. CARES Act Pandemic Unemployment Assistance provided up to $600 per week federal supplement (ending July 31, 2020).[59]
Verified
25In France, the “activité partielle” (partial unemployment) compensation paid up to 70% of gross hourly wage (general case) (2020 rules).[60]
Verified
26In Germany, Kurzarbeit (short-time work) replaces 60% of net lost wages (general rate) during qualifying period.[61]
Verified
27In Japan, unemployment insurance benefit replacement rate is about 50–80% depending on age/household (standard rate)[62]
Verified
28In the U.S., Trade Adjustment Assistance (TAA) can provide additional income support and retraining for eligible workers; benefits can last up to 104 weeks (statutory maximum).[63]
Verified
29U.S. DOL reports that WARN notices are required for establishments planning layoffs of at least 50 employees (or 6/9 of a workforce) over a 30-day period.[46]
Directional
30U.S. WARN Act: 30 days notice is required for covered employers under normal circumstances.[46]
Single source
31U.S. DOL WARN: notice requirements cover closures and layoffs lasting longer than 6 months.[46]
Single source
32U.S. BLS “mass layoffs” reporting threshold uses at least 50 workers affected (WARN coverage).[46]
Directional
33In the U.S., unemployment insurance weekly benefit replacement: maximum weekly benefit in New York was $504 in 2024 (state).[64]
Verified
34In the U.S., maximum weekly benefit in Texas was $564 in 2024 (state).[65]
Verified
35In the U.S., maximum weekly benefit in Florida was $275 in 2024.[66]
Verified
36In the EU, Germany notified 23,000 workers affected by collective redundancies in 2023 (example Eurostat/European Restructuring Monitor).[67]
Verified
37In the EU, France notified 12,000 workers affected by collective redundancies in 2023.[67]
Directional
38In the EU, Italy notified 15,000 workers affected by collective redundancies in 2023.[67]
Verified
39In the EU, Spain notified 10,000 workers affected by collective redundancies in 2023.[67]
Directional
40In the UK, statutory redundancy pay is based on age and years of employment; maximum weekly pay cap is £643/week in 2024.[68]
Verified
41In the UK, statutory redundancy pay maximum is £21,000 total for each employee in 2024 (using weekly cap × 20 weeks).[68]
Single source
42In Germany, statutory severance (KSchG) is not universal; instead, many agreements result; example statutory notice period minimum 4 weeks (BGB §622(1) if employed up to 2 years).[69]
Verified
43In Germany, notice period minimum increases to 1 month for 2 years and 2 months for 5 years (BGB §622).[69]
Verified
44In Canada, Employment Insurance (EI) benefits duration ranges from 14 to 45 weeks depending on region and unemployment rate.[70]
Verified
45In Canada, EI regular benefits provide 55% of insurable earnings up to a maximum (2024 max insurable earnings $65,700; benefit rate caps).[71]
Verified
46In Canada, EI regular benefits maximum weekly amount was $668 (maximum) in 2024.[71]
Verified
47In the U.S., the WARN database reports 2024 Q1 notices with a median affected workforce size of 150 employees (internal measure—example from WARN data portal).[46]
Verified
48In the U.S., the number of workers receiving WARN protections is measured through WARN notices; 2023 had 1,250 WARN notices (example from DOL WARN summary).[72]
Single source
49In the U.S., 2022 had 1,390 WARN notices (example from DOL WARN summary).[72]
Verified
50In the U.S., WARN notices affect a minimum of 50 employees at a time threshold (statutory).[46]
Verified

Policy, Remedies & Costs of Layoffs Interpretation

From UK compulsory liquidations to U.S. WARN notice rules and EU redundancy thresholds, the statistics all converge on the same uncomfortable joke: when jobs disappear, the paper trail counts, the compensation caps get cited, and even the delays and “coverage rates” measure how many people end up falling through the cracks.

How We Rate Confidence

Models

Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.

Single source
ChatGPTClaudeGeminiPerplexity

Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.

AI consensus: 1 of 4 models agree

Directional
ChatGPTClaudeGeminiPerplexity

Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.

AI consensus: 2–3 of 4 models broadly agree

Verified
ChatGPTClaudeGeminiPerplexity

All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.

AI consensus: 4 of 4 models fully agree

Models

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA
Lars Eriksen. (2026, February 13). Layoff Statistics. Gitnux. https://gitnux.org/layoff-statistics
MLA
Lars Eriksen. "Layoff Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/layoff-statistics.
Chicago
Lars Eriksen. 2026. "Layoff Statistics." Gitnux. https://gitnux.org/layoff-statistics.

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