Press Releases

Posted 6 years 1 week

Flu, Not Ebola, Poses Biggest Threat to Workplace Productivity
EVEN AN AVERAGE FLU SEASON CAN COST EMPLOYERS BILLIONS

With the country’s attention focused on the Ebola virus, many American’s may overlook the fact that we are entering flu season. And, while it is impossible to predict how this flu season will compare to previous years, one thing is certain: employers nationwide are likely to see millions of lost work days and billions of dollars in lost...

Posted 6 years 3 weeks

Turnover among the nation’s chief executive officers rose slightly in September as 124 planned CEO departures were reported, up 4.2 percent from the 119 in August, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The September total was up 15.8 percent from the same month a year ago when 107 were recorded. This marks the sixth month in which CEO changes outpaced the same month last year.

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Posted 6 years 4 weeks

Monthly job cuts fell to their lowest level in 14 years in September, as U.S.-based employers announced workforce reductions totaling 30,477 during the month. As the fourth quarter begins, 2014 is on pace to be the lowest job-cut year since 1997.

The September total plunged 24 percent from the 40,010 job cuts announced in August, according to the report Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc. It was also 24 percent...

Posted 6 years 1 month

Continued employment gains across all industries and increased consumer spending are expected to boost demand for seasonal workers this year, according to global outplacement consultancy Challenger, Gray & Christmas, Inc. The positive outlook was bolstered by the news that UPS plans to add 95,000 seasonal workers this year, nearly doubling last year’s level.

In its annual holiday hiring forecast, Challenger expects seasonal employment gains in the retail sector...

Posted 6 years 1 month

The pace of turnover among the nation’s chief executive officers increased in August, as 119 CEOs announced their departures during the month, according to a report issued Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The August total was up 13.3 percent from the 105 CEO departures recorded in July. It was 5.3 percent higher than the 113 CEO changes announced the same month a year ago. Last month’s total was the highest August...

Posted 6 years 1 month

Planned job cuts announced by US-based employers totaled 40,010 in August, a 15 percent decline from the 46,887 planned layoffs reported in July, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The August total was 21 percent lower than the same month a year ago, when 50,462 job cuts were announced. This marks just the fourth time this year that the monthly total was lower than the comparable...

Posted 6 years 1 month

ENCOURAGED BY IMPROVING JOBS PICTURE, MORE REENTER THE LABOR POOL FINDING A JOB STILL NOT EASY, BUT THESE TIPS SHOULD HELP

In August 2014, about three million Americans re-entered the labor pool, reigniting their job searches after weeks or months of sitting on the sidelines. The reemergence of these job seekers was enough to bump the unemployment rate up to 6.2 percent from the previous month’s reading of 6.1 percent.

As the economy and job market...

Posted 6 years 2 months

Labor Day Survey Shows Labor Harder to Find
MORE THAN THREE-QUARTERS ATTEST TO GROWING TALENT SHORTAGE

While some metropolitan areas are still struggling to create jobs, a growing number of cities and employers are beginning to face the one downside of continued economic expansion: labor shortages.

For long-time job seekers still struggling to find employment, the idea of labor shortages may seem laughable, but in a new survey 77 percent of human...

Posted 6 years 2 months

The NFL regular season kick-off is still three weeks away, but millions of fantasy football participants across the country are already in high gear, pouring over player statistics, injury reports and analyzing pre-season game performance in preparation for their upcoming drafts.

With an estimated 31 million working-age Americans participating in fantasy football, it is likely that some of this draft preparation, not to mention the ongoing team management through...

Posted 6 years 2 months

The pace of turnover among the nation’s chief executive officers was virtually unchanged in July, as 105 CEOs announced their departures during the month, according to a report issued Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The July total was up 1.9 percent from the 103 CEO departures recorded in June. It was 17.9 percent lower than the 128 CEO changes announced the same month a year ago.

Through the first seven...

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