The Northeast saw the least layoffs in 2022, at 2.55 million. With more than double the number of layoffs compared to all other regions, the South has been hit especially hard by the pandemic and economic recession. The South saw the most layoffs in 2022, at 6 million. According to our research: 2022 Total Layoffs In The U.S. Ultimately, this can cause a spike in layoffs. Different regions specialize in different industries, and that means certain areas are hit harder by economic recessions than others. Layoffs also vary by region and industry. In 2005, however, the number of layoffs didn’t even surpass 900,000. While that might seem like a lot, layoffs per year regularly reach several million now. For example, in August of 2020 alone, there were 4.6 million job layoffs in the US.Ģ005 had the least number of layoffs within recent years, with layoffs only reaching 884.6K. This led to 2.10 million layoffs, a number that wouldn’t yet be matched until 2020, when all of these numbers were blown out of the water. Layoffs (2002 – 2022) YearĢ009 was a hard year for Americans, with the housing market crash causing 11,824 layoff events. For example, during a recession, we can expect layoffs to increase, while the opposite is true when there’s a shortage of labor. The number of layoffs that occur per year ebbs and flows based on the economy and other factors. Over Time | Industry and Region | Startup | Demographics There have only been just over 168,000 layoffs since the start of 2023.Ĥ0% of Americans have been laid off or terminated from a job at least once.Ģ8% of Americans have been laid off in the past two years alone.įor further analysis, we broke down the data in the following ways:

There were 6.9 million layoffs between August and December 2022. There were 15.4 million layoffs in the U.S. Whether you slept in and arrived a half hour late to work, or messed up big time on that new task you were supposed to learn, the thought of being laid off is a scary one.īut, how common are layoffs in the US? Luckily, we’ve investigated all of the essential facts about American layoffs, and according to our extensive research: Layoffs are a concern nearly everyone gets a bit paranoid about from time to time.

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