Find a Job You Really Want In
40% of people are fired from a job in their lifetime.
Research Summary: Getting fired isn’t fun. But the percentage of people who get fired is higher than you’d think. So don’t feel bad if you’ve been terminated from a job in the past, because our research shows that:
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40% of Americans have been fired from a job.
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15.4 million Americans were laid off in 2022, a 62% decrease from 2020.
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Firing an employee that will be replaced costs between 16.1% and 20.4% of their annual salary, rising as high as 213% for senior executives.
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The layoff and discharge rate across private industrties was 1% from February to June of 2022.
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The percentage of people fired in the arts, entertainment, and recreation industry in June 2022 was 2.8%, the highest of any workers.
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The percentage of people fired in the federal government in June 2022 was 0.2%, the lowest of any workers.
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70% of people aged 26-30 have never been fired, compared with only 50% of people aged 61-65.
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Getting fired isn’t the end of your professional career — 91% of executives who were fired ended up finding a position as good or better than their last.
Year | Total layoffs (in millions) |
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2022 | 15.4M |
2021 | 17.0M |
2020 | 40.8M |
2019 | 21.9M |
2018 | 21.8M |
2017 | 21.6M |
References
Layoffs and discharges levels and rates by industry and region — Bureau of Labor Statistics
There Are Significant Business Costs to Replacing Employees — Center for American Progress
Research: When Getting Fired Is Good for Your Career — Harvard Business Review