January 2014

2013 December Job Cut Report: Fewest Layoff Announcements Since 1997

Announced job cuts fell to the lowest level of the year in December as U.S.-based employers reported plans to reduce payrolls by 30,623 during the month. That was down 32 percent from a November total of 45,314. For the year, job cuts were down about 3.0 percent from 2012, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Call-In Survey: Seekers Confident, But Long-Term Joblessness Persists

Job Seekers More Confident in New Survey
1 IN 4 FEEL NEW JOB IS WITHIN 3 MONTHS; BUT JOB-SEARCH CHALLENGES PERSIST

As the economy and job market continue to regain strength, job seekers are slowly becoming more confident, as evidenced by a survey of callers to an annual job-search advice hotline, 63 percent of whom believed they would find new employment in under six months. That was up from 55 percent who said the same a year ago.