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Summary of Findings:
- January is the month of the year with the most firings and layoffs.
- January averaged over 2.1mil firings and layoffs over the last five years.
- January accounts for over 10% of all firings and layoffs.
- February is the month with the lowest number of firings and layoffs. (Note: It also has the fewest days of any month)
- August, the month with the 3rd most firings and layoffs, has the most quits each year (By a wide margin)
Source: Bureau of Labor Statistics JOLT Survey. Not seasonally adjusted.
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Author
Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.
