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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Challenger Job Cuts climbed to 52.88K in August 2026
FMPMonthlyReleased September 2026
US Challenger Job Cuts climbed to 52.88K in August 2026, released September 2026, up 19.45K from July's 33.43K reading. The reading missed the 62K consensus by 9.12K. The print is running well below the 12-month average of 66.42K. The reading is in the 28th percentile of the trailing 24-month range.
Latest Release
52.881
Actual
62
Consensus
33.429
Previous
Median Absolute Error
±22.65 thousand
across last 12 releases
Last Call
Sep 2026
Predicted: 49.21
Actual: 52.88
Error: -3.67
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AAPL | ▲ Direct | +0.74 | STOCKS | Moves with | → View |
| GBP/USD | ▼ Inverse | −0.54 | FOREX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.49 | CRYPTO | Moves against | → View |
| MSFT | ▼ Inverse | −0.47 | STOCKS | Moves against | → View |
| AUD/USD | ▼ Inverse | −0.39 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Challenger Job Cuts (United States) was reported at 53 thousand in September 2026. This missed the market consensus of 62 thousand by 9 thousand. The reading rose from the previous value of 33 thousand. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 62 thousand, ranging from 33 thousand to 108 thousand across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 61 thousand, down from the prior three at 72 thousand. Volatility over the past year (σ 24 thousand) is lower than the prior year (σ 66 thousand). In September readings over the past 3 years, Challenger Job Cuts has averaged 72 thousand.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AAPL (Bullish AAPL). A secondary relationship exists with GBP/USD, negatively correlated (Bearish GBP). Over the last 12 releases, the Sigmacast model's median absolute error is 23 thousand.
WHAT TO WATCH NEXT
The next release is scheduled for October 1, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Sep 15) and NY Empire State Manufacturing Index (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Challenger Job Cuts - US
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About Challenger Job Cuts — United States
DEFINITION
Challenger Job Cuts is a widely recognized financial indicator that measures the number of announced job cuts by companies in the United States. This indicator provides valuable insight into the state of the job market and overall economic conditions, as well as potential trends in hiring and layoffs. It is closely monitored by investors, economists, and policymakers as a key indicator of the health of the labor market and the economy as a whole.
WHY THIS INDICATOR MATTERS
Labor-market data shapes consumer-spending forecasts and is closely tracked by central banks assessing the output gap and wage-inflation pass-through. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 52.88 K, consensus 62 K. Prior reading (Jul 2026): 33.43 K. Before that (May 2026): 97.01 K.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with AAPL (Bullish AAPL, r=0.74) — a useful reference for stocks-focused traders.
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Economic Calendar - US Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 15:30 | US | 3-Month Bill Auction | 3.8 | 3.809 | 3.81 | Low | |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | NY Empire State Manufacturing Index | 20.6 | 15 | 10.85 | High | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Retail Sales MoM | -0.4 | -0.1 | -0.10 | High | |
| 12:30 | US | Retail Sales Ex Autos MoM | -0.3 | 0.5 | 0.50 | High | |
| 12:30 | US | Import Prices YoY | 5.9 | 6 | 6.35 | Low | |
| 12:30 | US | Retail Sales Ex Gas/Autos MoM | -0.2 | 0.1 | 0.10 | High | |
| 12:30 | US | Retail Sales YoY | 5 | 4.3 | 4.30 | High | |
| 12:30 | US | Export Prices MoM | -1.3 | -0.5 | -0.45 | Medium | |
| 12:30 | US | Import Prices MoM | -0.4 | 0.2 | 0.65 | Medium | |
| 12:30 | US | Export Prices YoY | 8.2 | 7.5 | 7.90 | Low | |
| 14:00 | US | Business Inventories MoM | 0 | 0.2 | 0.20 | Medium | |
| 14:00 | US | NAHB Housing Market Index | 35 | 34 | 33.50 | Medium | |
| 14:00 | US | Retail Inventories Ex Autos MoM | 0.7 | -0.5 | 0.7 | 0.70 | Low |
| 18:00 | US | Fed Interest Rate Decision | 3.75 | 4 | 4.00 | High | |
| 20:00 | US | Net Long-Term TIC Flows | 172.7 | 146.3 | 146.30 | Medium | |