To approach the jobs situation from a slightly different angle, the outplacement firm Challenger, Gray & Christmas has calculated that in the year 2010, there were 529,973 job cuts announced in the U.S. That was a substantial drop from 2009, when there were 1,288,030 layoffs. That adds up to a 59 percent decrease in layoffs between the two years.
On the other hand, 2009 had really been an outlier in this area, even moreso than the earlier years of the recession. We lost more jobs in 2009 that in any year since 2002, when 1,466,823 were cut.
For December 2010 alone, there were 32,004 layoffs. That’s the lowest such number for any month in more than a decade, since August 2000, when the economy shed just 17,241 jobs. Overall, the 2010 total was the lowest since just 434,350 jobs were cut in 1997.
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