Press Releases

Posted 5 months 1 week

Job cuts announced by U.S.-based employers rose 18 percent, from 31,517 in May to 37,202 in June, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s job cuts were up 19.6 percent from the 31,105 announced in the same month last year.
“In a tight labor market, it’s no surprise...

Posted 5 months 2 weeks

Today, ten years after the Great Recession, most would agree that the U.S. economy is as strong as ever. With low unemployment and a growing GDP, Americans are feeling much more comfortable about the economy.

However, a concerning trend is hiding underneath an otherwise booming period – slow wage growth. Last month’s Employment Report from the Bureau of Labor Statistics (BLS)...

Posted 5 months 3 weeks

The House will vote on an immigration reform bill today that, according to House Speaker Paul Ryan, will include a pathway to citizenship for recipients of the Deferred Action for Childhood Arrivals (DACA) Act as well as provide funding for new detention centers and the border wall. Opponents believe the bill will not definitively end family separations or solve the issues...

Posted 5 months 3 weeks

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 5 months 4 weeks

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 6 months 1 week

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 6 months 1 week

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 6 months 3 weeks

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 7 months 2 days

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 7 months 5 days

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...

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