After reaching a three year high in April, planned job cuts announced by U.S.-based firms declined sharply in May, falling by 33 percent to 41,034, according the latest report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The latest tally on employer downsizing...
Even as the economy improves and talent becomes more difficult to find, employers remain selective when it comes to adding entry-level workers. As a result, internships have become increasingly vital when it comes to securing post-graduation employment. “Internships are more important than ever, but...
Original Article: http://www.cnbc.com/id/102664876 "'Banks are now under so much deeper, stronger regulation. So, they built up their risk and compliance staff over the past several years to comply with all the government rules and regulations to protect against downside risk,' Challenger added. Demand for accountants, comptrollers and...
Are Pay Scales Ready to Tip? AS UNEMPLOYMENT FALLS TOWARD 5.0%, ONE EXPERT SAYS SALARIES HAVE NOWHERE TO GO BUT UP As the economy continues to improve and the unemployment rate continues to drop, many are wondering when wages will see improvement. While wages have been slow...
Teenagers seeking summer employment are expected to enjoy a better job market this year, according to a recent outlook by global outplacement consultancy Challenger, Gray & Christmas, Inc. While most of the available jobs are in traditional places, such as retail, recreation, and food...
Published on: May 12, 2015 Turnover among the nation’s chief executive officers remained virtually unchanged in April, as 97 CEOs announced their departures during the month, compared to 95 in March, according to the latest report from global outplacement consultancy Challenger, Gray & Christmas, Inc. The April total...
Falling oil prices contributed to a 68 percent surge in job cuts last month, as US-based employers announced workforce reductions totaling 61,582 in April, up from 36,594 in March, according to the latest report on monthly layoffs released Thursday by global outplacement consultancy Challenger, Gray...
This year’s crop of college graduates should find welcoming conditions as they enter the entry-level job market, according to a new just-released forecast from outplacement consultancy Challenger, Gray & Christmas, Inc. Rising demand for talent in finance, business administration, technology and health care have led to...
Senator Elizabeth Warren (D-Mass.) continues to press President Obama this week over terms of the Trans-Pacific Partnership trade agreement, which the president is trying to fast track through Congress. Warren’s concerns include potential stipulations that may make it easier for multinational corporations to move jobs...
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