Press Releases

Posted 1 year 4 months

Teen hiring in July rose 62 percent from the 190,000 jobs added in the same month last year, as 307,000 workers aged 16 to 19 found employment, 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.

This summer saw 1,388,000 jobs gained by teens, 7.8...

Posted 1 year 4 months

The pace of downsizing fell to the lowest level of the year in July, as U.S.-based employers announced plans to cut 27,122 workers from payrolls during the month, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

July’s total fell 27.1 percent from the 37,202 cuts announced in June...

Posted 1 year 4 months

Nearly 58 percent of companies report they are reviewing compensation structures to ensure pay parity, according to a new survey from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. This is up from 48 percent of companies that responded this way in January.

“In light of the #MeToo and #TimesUp movements, companies...

Posted 1 year 4 months

With a booming economy and tight labor market, it’s no wonder companies are in hiring mode. According to a new survey from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc., 64 percent of companies say they are hiring right now. The issue will be whether companies can find talent with the appropriate skills for the jobs...

Posted 1 year 4 months

Social media is immutably intertwined with professional branding. Not only do companies need to assess their online images, as stakeholders and consumers are able to comment and share their opinions on every action a company takes, but professionals must monitor, update, and polish their own online presences. Now, there is another reason to ensure your social media presence...

Posted 1 year 4 months

The number of chief executive officers leaving their posts reached 90 in June, virtually unchanged from the 91 who did so in May. June’s total rounds out the quarter at 290 CEO exits, up 9 percent from the same quarter last year, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.

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Posted 1 year 5 months

Teen Employment Drops 1.5 Percent Over Last Year
951,000 JUNE GAINS HIGHER THAN AVERAGE

Teen hiring rose 86 percent from the 130,000 jobs added in May, as 951,000 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...

Posted 1 year 5 months

The #MeToo and #TimesUp movements have empowered survivors of sexual harassment and assault to name their abusers, who were often in a position of power over them professionally. In the wake of this phenomenon, more companies are reviewing their policies on sexual harassment and taking a harder line on workplace romance, according to an update to a survey...

Posted 1 year 5 months

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 1 year 5 months

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)...

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