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Layoffs Rise over The same period last year

Job cut announcements surged to their highest level in nearly two years, as falling oil prices prompted cost-cutting efforts in energy and related industries. In all, U.S.-based employers announced plans to shed 53,041 jobs from their payrolls to start 2015; with 40 percent of...

Jan 27, 2015
TeamChallenger

More Callers Long-Term Unemployed, Underemployed CONFIDENCE REMAINS FLAT; AGE BIAS A FEAR Published January 27, 2015   [caption id="" align="alignleft" width="500"] Source: Challenger, Gray & Christmas, Inc.[/caption] As President Obama lauded the state of the economy and growth of the job market during last week’s State of the Union address,...

The falling price of oil, now at under $50 a barrel for the first time since 2009, has caused a spate of layoff announcements impacting thousands of workers in oil-related industries, according to a tally recorded by global outplacement firm Challenger, Gray & Christmas, Inc....

While the number of overall job cuts declined in 2014 to the lowest level since 1997, planned workforce reductions in the technology sector trended in the opposite direction, rising to the largest year-end total since 2009. Employers in the technology sector announced a total of 100,757...

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