Press Releases

Posted 10 months 4 days


The unemployment rate in the United States is historically low, sitting around 3.7 percent in September, according to the Bureau of Labor Statistics (BLS). However, the current low employment rate does not include the more than 5 million workers who are no longer counted in those numbers. Now is the time for those who left the job market to start their job searches, according to...
Posted 10 months 1 week

With Amazon’s announcement that the company will hire 100,000 seasonal workers, holiday hiring announcements this year have surpassed the previous record total of nearly 696,000 seasonal jobs set in 2014. Companies hiring seasonal workers for the holidays have announced 704,000 jobs this season, according to a tally released Wednesday by global outplacement and executive coaching firm...

Posted 10 months 1 week

Last Tuesday, Starbucks announced a new childcare benefit as part of their overall compensation plan. The coffee giant partnered with Care.com to give the option for employees to pay $1 per hour for in-home childcare or $5 per day for care in a center.

“To many, this new benefit comes as no surprise. We’re seeing offers of competitive wages, like Amazon’s $15...

Posted 10 months 2 weeks

A total of 148 Chief Executive Officers left their posts in September, down 3.9 percent from the 154 announced in August, the highest monthly total on record. September departures are the second highest of the year, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas,...

Posted 10 months 3 weeks

Changes in consumer finance led to a 44 percent surge in job cut announcements in September, as U.S.-based employers planned to cut 55,285 from their payrolls, according to global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 43.7 percent higher than the 38,472 cuts announced in August and 70.9 percent higher...

Posted 11 months 1 week

Employers are currently attempting to attract talent in a tight labor market with a significant skills shortage. While jobs are abundant, employers need to be vigilant during the interview process as some job candidates may not be who they seem during phone interviews or online skills assessments, especially for jobs that require advanced technical skills.

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Posted 11 months 1 week

  • UPDATE: Gap will hire 65,000 for the holidays.

  • UPDATE 2: Kohl's will hire 90,000.

  • UPDATE 3: UPS will hire 100,000.

Last Thursday, Target announced it planned to hire 120,000 workers for the holiday season, surpassing last year by 20 percent. This is...

Posted 11 months 2 weeks

  • UPDATE: Target's Thursday announcement of 120,000 seasonal hires is the largest holiday hiring announcement from a brick-and-mortar retailer on record, according to Challenger tracking.
  • UPDATE 2: JC Penney announced they will hire "over 39,000" workers for the holiday season.

...

Posted 11 months 2 weeks

Turnover among CEOs of U.S.-based companies soared in August, as 154 chief executive officers left their posts during the month. This is the month with the highest number of CEO changes on record, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.

August’s departures...

Posted 11 months 3 weeks

The pace of downsizing in August rose to the third-highest total for the year, as U.S.-based employers announced plans to cut 38,472 jobs, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

August’s job cut plans are the highest since March, when 60,357 cuts were recorded, and the third...

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