Press Releases

Posted 4 years 5 months

  • Improving economy not leading to surge in self-employment.

  • On average, just 5% of out-of-work managers and executives started their own business in 2014.

  • Government data reveals similar ambivalence over entrepreneurship.

Despite an improving economy and better conditions for starting a business, a new survey shows that the majority of job...

Posted 4 years 6 months

Turnover among the nation’s chief executive officers declined in February, as 94 CEO departures were announced during the month. That was down 14.5 percent from 110 in January, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The February total was 16.1 percent lower than the same month a year ago, when CEO departures reached 112. So far this year, 204 CEO changes have been announced. This is the...

Posted 4 years 6 months

The main action for the 2015 NCAA men’s basketball tournament gets underway Thursday, March 19, but the viral phenomenon known as March Madness officially sets in on Monday, March 16. That is when workers across the country begin clogging the company internet with efforts to craft a winning bracket for their workplace and non-workplace betting pools.

It is estimated that more than 60 million Americans fill out tournament brackets. Many of these individuals,...

Posted 4 years 6 months

Planned job cuts declined slightly in February, as US-based employers announced workforce reductions totaling 50,579, five percent fewer than the 53,041 in January, according to the report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The February total was up 21 percent from a year ago, when employers announced 41,835 job cuts during the month. This marks the third consecutive monthly job-cut total...

Posted 4 years 6 months

The percentage of job seekers relocating for new positions in the last half of 2014 rose to its highest level in five years, as ongoing improvements in the employment and housing markets made moving for employment a more palatable option for those in transition.

An average of 15 percent of job-seeking managers and executives moved for new positions over the last two quarters of 2014,...

Posted 4 years 6 months

With more attention being paid to issues of pay – i.e., CEO salaries, minimum wages, and the ever-widening income gap – one workplace policy is likely to become an increasingly hot topic in the latter half of this decade: salary transparency.

While salary transparency is still far from widespread, the idea of instituting an open-book policy on what every employee earns is starting to gain traction. In fact, one new survey shows that more than half of human...

Posted 4 years 7 months

Turnover among the nation’s chief executive officers was virtually unchanged in January as 110 CEOs announced their departures during the month, up from 107 in December, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The January total was 16 percent lower than the same month a year ago, when CEO departures reached a four-year high of 131.

January departures were led by CEOs in government and...

Posted 4 years 7 months

Job cut announcements surged to their highest level in nearly two years, as falling oil prices prompted cost-cutting efforts in energy and related industries. In all, U.S.-based employers announced plans to shed 53,041 jobs from their payrolls to start 2015; with 40 percent of those directly related to oil prices.

The January total was up 63 percent from the 32,640 planned layoffs announced in December, according to the report on monthly job cuts released Thursday...

Posted 4 years 7 months

As President Obama lauded the state of the economy and growth of the job market during last week’s State of the Union address, a new survey shows that job seekers are not nearly as optimistic, with only 28 percent believing they can find new employment inside of three months.

Despite significant improvements in the job market in 2014, the percentage of job seekers confident about a short transition changed little from the previous year, when 23 percent said a new...

Posted 4 years 7 months

While the number of overall job cuts declined in 2014 to the lowest level since 1997, planned workforce reductions in the technology sector trended in the opposite direction, rising to the largest year-end total since 2009.

Employers in the technology sector announced a total of 100,757 job cuts in 2014. That was up 77 percent from 56,918 in 2013, according to a semi-annual report on tech layoffs released Monday by global outplacement firm Challenger, Gray &...

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