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...
Original Article “Businesses face existential threats all the time. They are built to make decisions that will determine the life or death of the company,” said Andrew Challenger, senior vice president of the staffing firm Challenger, Gray & Christmas. “Choices that affect the life or death...
Employers Face Challenges to Protect Workers as States Reopen Published May 22, 2020 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,...
CEO Turnover Plummets to Lowest Monthly Total Since November 2004 Published May 13, 2020 Chief Executive Officer turnover plunged to 48 exits in April, the lowest monthly total since 46 departures were recorded in November 2004, according to a report released Wednesday by global outplacement and business...
COVID isolation shouldn't stop your job search Published May 12, 2020 Quarantine due to the COVID-19 pandemic thrust millions of people into an unwelcome, frightening employment situation. Those who found themselves instantly unemployed never could have guessed that this is what they would face in spring 2020....
Published May 6, 2020 Job cuts announced by U.S.-based employers spiked to 671,129, the highest single-month total on record. Challenger began tracking job cut announcements in January 1993. Last month’s total was primarily due to the COVID-19 pandemic, which was cited as the reason for 633,082...
As companies create and enact plans to reopen worksites safely and consider the serious public health implications this will have on their workers, vendors, and customers, many Human Resources professionals are also pondering what the new normal will look like in the coming months and...
Will Companies Take Back Job Offers as Recession Looms? The nearly 4 million students estimated to graduate with a degree this year, according to EducationData.org, expected to enter into one of the tightest labor markets in recent history, but the onset of the Coronavirus pandemic and...
Challenger COVID-19 April 2020 Survey Published April 20, 2020 NEW: SEE OUR SURVEY RESULTS FROM MARCH 2021 62% of Companies Will Keep COVID Plans in Place Until Experts Declare It Is Safe As the Trump Administration releases guidelines for reopening the economy, Human Resources executives nationwide are contemplating when...
Watch Andy Challenger discuss the bomb that went off in the American economy. ...
