January 2019 Job Cuts Up 21%

Table 3 (cont'd): JOB CUTS BY REGION, STATE

WEST

January

California

16,483

Nevada

2,160

Colorado

2,102

Texas

1,825

Washington

330

Wyoming

101

Oregon

81

South Dakota

70

Alaska

70

Utah

60

Arizona

54

Oklahoma

0

New Mexico

0

Idaho

0

North Dakota

0

Hawaii

0

Montana

0

TOTAL

23,336

   

SOUTH

January

Georgia

1,943

Virginia

1,245

Louisiana

864

Mississippi

754

North Carolina

750

Florida

635

Alabama

459

Tennessee

288

Arkansas

31

South Carolina

0

Kentucky

0

West Virginia

0

TOTAL

6,969

Table 4: JOB CUTS BY REASON

 

January

Bankruptcy

19,984

Restructuring

10,055

Closing

7,492

Cost-Cutting

6,968

No Reason Provided

3,097

Contract Loss

2,459

Technological Update

900

Voluntary Severance/Buyouts

801

Acquisition/Merger

546

Relocation

253

Relocation Overseas

160

Demand Downturn

158

Financial Losses

65

Contract Dispute

50

TOTAL

52,988

Table 5: QUARTER BY QUARTER

View single page >> |

Disclaimer: No content is to be construed as investment advise and all content is provided for informational purposes only.The reader is solely responsible for determining whether any investment, ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.