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US job cuts decreased 20.6% in July to 25,810 from 32,517 in June, 36.3% higher year-over-year; companies announced plans to hire 25,506 workers to their payrolls: Challenger, Gray & Christmas

Share of US job seekers that relocated for new positions was 2.8% in Q2, down from 4.6% in Q1 and 3.3% in Q2 2021; employers continued to offer remote, hybrid positions as economy falls into possible recession: Challenger, Gray & Christmas

US-based firms announced 106 CEO changes in June, down 29.0% from May, up 2.0% year-over-year; 774 CEOs have left their posts year-to-date and up 20% from the same period year ago, highest since 2002: Challenger, Gray & Christmas

US teens aged 16 to 19 gained 884,000 jobs in June, up 41% compared to 625,000 jobs added in June 2021; participation rate for teens reached 42.9%, the highest rate in June since 2009: Challenger, Gray & Christmas

US-based employers announced a total of 77,515 job cuts in Q2, 14% higher than the cuts announced in the same quarter last year; employers announced 32,517 cuts in June, up 57% from May and up 58.8% year-over-year: Challenger, Gray & Christmas

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