CEO Turnover Ticks Up in June to 91: 3 CEOs Out Over Race Published July 8, 2020 Chief Executive Officer turnover rose to 91 exits in June, up 9.6% from the 83 departures that were reported in May, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas,...
Published July 8, 2020 The number of jobs added for workers aged 16 to 19 soared in June to 1,129,000, the highest June total in over two decades, according to the latest employment data from the Bureau of Labor Statistics (BLS). This after 594,000 jobs were...
Challenger Survey Reveals 30% of Companies Cut Pay in Response to COVID-19 & half of those respondents did so to avoid suspensions or terminations Posted Jul 4, 2020 Thirty percent of employers chose to cut pay in response to the COVID-19 pandemic. Of those, more than half...
Published on: Jun 29, 2020 As the country moves into month five of the 2020 COVID recession, 39.4% of job seekers report they believe it will last ten to 12 months, 24.2% say it will last more than one year, and another 9% believe it will last...
May CEO Turnover Up 73% Over April; YTD Down 27% Over 2019 Published June 10, 2020 Turnover in the top position accelerated in May, as employers at U.S.-based companies announced 83 chief executive officer changes, 73% higher than the 48 CEO changes announced in April, according to...
Published June 8, 2020 Are Teens the Big Job Gainers in May Jobs Report? 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...
U.S. Economy Update 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...
Challenger May Job Cuts Report: COVID-19 Causes Nearly 1M Layoffs Published June 3, 2020 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...
New: See our Survey results from March 2021 Business attire has a new component during the COVID-19 pandemic. Face masks are available in every conceivable pattern and color these days. In fact, Forbes reports fashion designers are creating masks to accentuate their high-style collections, and many...
As the Economy Tanks, Women are Hit Hardest 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...
