"Moreover, although layoffs in December fell by about 3% year to year, to their lowest level since 2000, according to Chicago outplacement firm Challenger Gray & Christmas, finance jobs are not thick on the ground: The financial industry lost hundreds of thousands of jobs -- more than 80,000 in New York City alone -- in 2013, ironically due to an economic recovery that has drastically... more
Challenger, Gray & Christmas News
"Job seekers also are more optimistic about the hiring environment. Sixty-three percent of callers to a job-search-advice help line Dec. 26-27 said they believed they could find new employment in less than six months, up from 55 percent a year ago, according to Challenger, Gray & Christmas Inc., a human-resources consulting company.
This shows that many Americans... more
"Government agencies typically pay less than private sector companies, said John Challenger, CEO of professional staffing firm Challenger Gray & Christmas Inc.
"But even if the government boosts pay and streamlines its hiring processes, its culture may still prove too bureaucratic and process-centric for top talent. Mr. Challenger said the government bureaucracy... more
"THE STRATEGY: Cast a wider net
In the financial crisis, managers seeking better pay or opportunities were hamstrung not just by the soft labor market, but also by a lousy housing market that made it hard to unload homes to move. That's changing. The percentage of managers and execs relocating for new jobs doubled to 14% in the first half of 2013 from a year earlier, owing to real estate's... more
"'Unless there is significant retail hiring in December, year-end retail employment gains probably will not match last year's pace,' Mr. Challenger said. 'With the National Retail Federation forecasting tepid growth this holiday season and weak Thanksgiving weekend spending, a December hiring surge is looking less and less likely.'"
"John Challenger, CEO of Challenger Gray & Christmas, the Chicago-based outplacement and career transitioning firm, believes we'll see more of this.
'Companies, especially retailers, are looking for ways to bring in employees as they need them—to cover the traffic but not get caught with too many people standing around," he said. "They want the ability to be able to staff up or... more
Original Article: http://blog.aarp.org/2013/11/26/free-advice-for-job-seekers/
John Challenger, CEO at Challenger, Gray & Christmas, says job counselors will offer strategies to help people become more effective in their search. It’s happening on Dec. 26 and 27, from 9 a.m. to 5 p.m. Central time (phone number 312-422-5010). More information about the annual call-in is available at the company’s websiteconstruction worker.
Free job advice couldn’t come at a better time. Some 11 million Americans... more
Original Article: http://goo.gl/iW1fV3
Factors contributing to changes in health care
The Affordable Care Act, cuts to Medicare, lack of Medicaid expansion in some states and hospital debts are contributing to transformations in hospitals and in the health care delivery model. "Beyond traditional employment," tweeted the American Hospital Association, "hospitals support an additional 10 milllion jobs elsewhere in the economy." Other changes include advances in technology, such as the conversion to electronic health records, and the rise of... more
Original Article: Why It’s a Good Thing More People Are Quitting Their Jobs
Go ahead, tell the boss where to put it. That’s what more Americans are doing, according to an analysis of employment data by the outplacement firm Challenger, Gray & Christmas, Inc.—and it’s a good thing. Why? Labor mobility is one indicator of a strengthening economy. Of the 4.37 million workers who quit in August, more than half were voluntary, which is up 11% over the previous... more
Original Article: A Job Engine Sputters as Hospitals Cut Staff
Health care providers announced more layoffs than any other industry last month — 8,128 — largely because of reductions by hospitals, according to outplacement firm Challenger Gray and Christmas. So far this year, the health care sector has announced 41,085 layoffs, the third-most behind financial and industrial companies.
In the News...
- C-suite turnover trends lower nationwide; Austin energy exec departs
- Here's what your bonus might look like this year - The Boston Globe
- 80% of Companies Planning Holiday Parties, Scaling Them Down - Business Today
- Many companies giving bonuses this year, favoring cash over gifts
- 4 Reasons to Kill the Office Holiday Party—and One Reason to Save It
- Companies planning holiday parties — scaled-down versions, that is
- Lehman Brothers dead, but trader keeps fight alive for $83 million bonus
- Boom to bust: Biotech is now cutting jobs
- Amazon Is Hiring a Crazy Number of Seasonal Workers