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10 Jun 2020 May CEO Report: Exits Jump to 83 After Falling to Lowest Number Since November 2004

Posted at 08:58h in CEO Turnover Report, Challenger COVID Coverage
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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...

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08 Jun Teen Summer Jobs Report: Teens Lose 1.7M Jobs in April Before Gaining Back 594,000 In May

Posted at 08:03h in Blog
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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...

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08 Jun Teens Gain 594,000 Jobs in May 2020 After Losing 1.7M in April

Posted at 08:01h in Challenger COVID Coverage, Teen Employment
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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...

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06 Jun Challenger Offering Free Job Search Webinars to the Public The Week of June 15th

Posted at 10:00h in Challenger COVID Coverage, Job Search Tips
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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...

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03 Jun Nearly 1M Job Cuts Due to COVID-19 in 2020; 397K Cuts Announced in May

Posted at 02:55h in Blog
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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...

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03 Jun Employers Announce 397,016 Job Cuts in May 2020, Nearly 1M Cuts Due to COVID-19

Posted at 02:52h in Challenger COVID Coverage, The Challenger Report
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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...

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31 May The New Normal in the Office: Guidelines for Wearing a Mask at Work

Posted at 10:30h in Challenger COVID Coverage
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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...

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28 May NPR Marketplace: COVID-19 Job losses indicate we are in a “she-cession”

Posted at 06:29h in News
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Labor market coronavirus gender-gap media coverage on NPR's Marketplace Reporting by Nancy Marshall-Genzer. The Labor Department said Thursday that another 2.1 million people filed for unemployment last week. And most of the workers who lost their jobs last month were women — 55%, according to outplacement firm Challenger, Gray &...

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27 May A She-cession? Women Hit Hardest in COVID Downturn

Posted at 07:04h in Challenger COVID Coverage
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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...

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22 May Associated Press: Safety a Big Concern as Workers Return to Their Jobs

Posted at 12:43h in Challenger COVID Coverage, News
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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...

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