Press Releases

Posted 4 days 11 hours

The summer hiring season for teens got off to a better start than last May, as 130,000 workers aged 16 to 19 found employment last month, according to analysis of non-seasonally adjusted data from the Bureau of Labor Statistics by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

May marks the beginning of the summer hiring surge,...

Posted 6 days 12 hours

The breakneck pace of emerging technologies is changing business-as-usual in almost every industry. While in some cases, it could cost jobs, in others, it only serves to augment or assist current positions, according to one workplace authority.

“When it comes to technology in the workplace, people tend to be a bit uncomfortable. New tech requires more training, and a shift in thinking, which...

Posted 2 weeks 6 hours

A total of 91 Chief Executive Officers of U.S.-based companies left their posts in May, down 16.5 percent from the 109 CEO exits in April, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.

May’s total is 13.8 percent higher than the 80 CEOs who left their posts in the same month last year. So...

Posted 2 weeks 6 days

Job cuts announced by U.S.-based employers fell 12.6 percent, from 36,081 in April to 31,517 in May, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s job cuts were down 4.8 percent from the 33,092 announced in the same month last year. That is the lowest monthly total since October...

Posted 1 month 3 days

The United States has one of the largest military forces in the world and therefore one of the largest veteran populations. In 2017, according to the Bureau of Labor Statistics, 20.4 million veterans made up 8 percent of the labor force.

Veterans who served during the wartime periods of World War II...

Posted 1 month 1 week

Tattoos, once taboo in the workplace, are now commonplace in many offices, as employers found that to keep or attract talent, they needed to overlook this kind of body art. Now, companies may be considering relaxing dress codes, especially in a tight labor market, according to one workplace authority.

“For years, companies required stringent dress codes for both men and women...

Posted 1 month 1 week

While April saw the economy add 164,000 jobs and the unemployment rate edge down to 3.9 percent, a total of 109 Chief Executive Officers left their posts at U.S.-based companies during the month, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 19.8 percent higher than the...

Posted 1 month 1 week

With 85 million mothers in the United States – 70 percent of whom are in the labor force, according to the Bureau of Labor Statistics – no doubt companies are facing calls for family-friendly benefits and perks. As women continue to speak out for equality in the workplace, especially in light of the #MeToo movement, companies that design their culture to support working mothers will attract top talent,...

Posted 1 month 2 weeks

With Mother’s Day approaching, some moms may think the best gift would be for their teenager to get a job. However, fewer teens are opting to secure summer employment. In its annual outlook, global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. predicts teen hiring will remain stagnant this summer, as more and more...

Posted 1 month 2 weeks

Job cuts announced by U.S.-based employers fell 40.2 percent in April to 36,081, the second lowest monthly total for the year, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

April’s total belies a trend for increased cuts after announcements in March hit a 23-month high of 60,357. March’s...

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