Press Releases

Posted 3 days 23 hours


On the surface, some of the recent economic data might look like the recovery is stalling, but the trends, in fact, may be the result of the shrinking pool of available talent.

The Bureau of Labor Statistics monthly employment situation report was received with much trepidation, as job creation slowed to just 38,000 new jobs on employer payrolls. However, as pointed out by Bloomberg News (...

Posted 6 days 25 min

As the economy and employment situation continue to improve, job seekers are finding better jobs and finding them more quickly. Now, after years of underemployment or being “stuck” in undesirable jobs, there is mounting evidence that, despite the risks and challenges, a growing number of Americans are seeking employment while employed.

The latest evidence of the employed job search comes from global outplacement consultancy Challenger, Gray & Christmas, which...

Posted 2 weeks 3 days

Turnover among the nation’s chief executives fell in May as 100 CEO departures were announced during the month. That was down 7 percent from 108 in April, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The May total was 11.1 percent higher than the same month a year ago, when announced CEO departures totaled 90. Last month marked the fourth time this year that departures exceeded...

Posted 2 weeks 5 days

The number of teenagers finding jobs in May declined for the second consecutive year, as a growing number of this population either struggles to find summer employment or simply abandons the traditional labor force.

Employment among 16- to 19-year-olds increased by 156,000 in May, according to an analysis of the latest Bureau of Labor Statistics data by global outplacement firm Challenger, Gray & Christmas, Inc. The job gains in May were 14...

Posted 3 weeks 3 days

The number of job cuts announced by U.S.-based employers fell sharply in May, with a total of 30,157 planned workforce reductions recorded during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.

The May total was 53 percent lower than the 64,141 job cuts announced in April. It represents the lowest monthly total since last December, when 23,622 job cuts were...

Posted 1 month 1 day

Memorial Day weekend will kick off what is expected to be one of the busiest summer travel seasons in recent history, thanks to low gas prices and cheaper air fares. The increased number of Americans vacationing should result in increased hiring in areas and industries where tourists will congregate, according to a new outlook from the employment authorities at global outplacement and executive coaching consultancy Challenger, Gray & Christmas, Inc.

“Several...

Posted 1 month 1 week

The class of 2015-16, which sends more than 1.8 million young Americans armed with four-year degrees into the workforce this year, will enter the best job market for college graduates in several years, according to one new outlook.

In its annual college grad job forecast, global outplacement consultancy Challenger, Gray & Christmas, Inc. noted that worsening labor shortages in a number of areas, including business, financial, technology and...

Posted 1 month 2 weeks

Turnover among the nation’s chief executive officers increased for the second consecutive month in April, as 108 CEO departures were announced during the month. That was up 7 percent from 101 in March, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The April total was 11.3 percent higher than the same month a year ago, when announced CEO departures totaled 97. Last month marked the...

Posted 1 month 3 weeks

The pace of downsizing increased in April, as US-based employers announced workforce reductions totaling 65,141 during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.

The April figure represents a 35 percent increase over March, when employers announced 48,207 planned layoffs. Last month’s job cuts were 5.8 percent higher than the 61,582 recorded in April 2015.

Employers...

Posted 1 month 4 weeks



While many American workers may be familiar with the concept of the exit interview, a tightening labor market is prompting employers to initiate “stay interviews” as a preemptive means of hanging onto talent.

In a new survey of human resources executives conducted by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc., more than 50 percent of respondents said their companies were already conducting stay...

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