An outpouring of companies has publicly embraced anti-racism and reinforced the Black Lives Matter movement in the aftermath of the death of George Floyd and subsequent weeks-long national protests. According to a new survey released Tuesday by global outplacement and business and executive coaching firm...
New college grads are entering the job market during a confirmed recession, according to the National Bureau of Economic Research, as the unemployment rate for the nation hit 13.3% in May. Looking at past recessions, this does not bode well for these workers’ overall career...
The latest employment situation report from the Bureau of Labor Statistics (BLS) showed the economy gaining a surprising 2.5 million jobs after many economists and experts expected another month of losses. According to an analysis of non-seasonally adjusted data from the BLS by global outplacement...
The economy gained back 2.5 million jobs in May, primarily from workers going back to jobs, according to the most recent Employment Situation released Friday from the Bureau of Labor Statistics (BLS), after falling by 20.5 million jobs in April. Nearly 22 million Americans are...
Job cuts announced by U.S.-based employers totaled 397,016 in May, down 40.8% from April’s total of 671,129, the highest monthly total on record. Despite the drop, last month’s total is the second highest monthly total on record since global outplacement and business and executive coaching...
Women are bearing the brunt of unemployment in the current downturn due to the COVID-19 pandemic. Women account for 55% of the 20.5 million who lost their jobs in April. The unemployment rate for adult women quintupled to 15.5% in April, an all-time high, according...
As the nation's employers consider how to reopen their offices following stay-at-home shutdowns triggered by the Coronavirus pandemic, many are facing challenges regarding how to modify or extend current work from home (WFH) policies, including hiring private eyes to monitor employees, accommodating flexibility due to...
Retailer Pier 1 Imports announced it would close all remaining 540 stores and try to find a buyer for its online business. It follows bankruptcy announcements from JC Penney, J. Crew, and Neiman Marcus. "Retail has been undergoing technological updates, shifting consumer behavior and low foot...
ESPN’s new ten-part documentary series on the Michael Jordan-era Chicago Bulls, The Last Dance, includes plenty of 90s nostalgia, good music, and incredible basketball, but also important lessons for employers nationwide on leadership, culture, and talent management, according to one workplace authority. “Any organization strives to...
Over 30 million Americans have lost their jobs over the last two months due to the outbreak of COVID19, as the pandemic forced the abrupt shutdown of tens of thousands of non-essential businesses across the nation and severely impacted thousands more. The experts at global...
