New York Times Coverage with SVP Andy Challenger
By Ben Casselman Published September 12, 2024 Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later. ...
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News & Insights
Layoffs Rise over The same period last year
Wealth! Interview with Andy Challenger: How AI is shifting the jobs market
By Brad Smith, Host PUBLISHED September 11, 2024 Read on Yahoo! Finance Website [caption id="attachment_23128" align="alignleft" width="150"] Source: Challenger, Gray & Christmas, Inc.[/caption] As AI seeps into all corners of the market, many worry that the technology will ultimately lead to significant job losses as the technology eliminates the need for...
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Presidential Debate Could Spark Controversy Among Colleagues; How to Handle Political Debates at Work
Published September 10, 2024 With the presidential election only months away, the recent debate between Vice President Kamala Harris and former President Donald Trump has heightened political conversations in workplaces across the country. The widening political spectrum in recent years has created fertile ground for debate,...
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Yahoo! Finance: Labor market data will be a ‘tipping point’ for the Fed: Andy Challenger Interview
By Brad Smith, Host PUBLISHED September 6, 2024 Read on Yahoo! Finance Website In August, the job cut announcements experienced a significant surge of 193%, marking a notable deviation from the previous months of steady declines, as highlighted in the latest report from Challenger, Gray & Christmas. Andrew...
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Job Cuts Announced by US-Based Companies Surge in August 2024; Hiring Falls to Lowest YTD Since Challenger Began Tracking in 2005
Published September 5, 2024 U.S.-based employers announced 75,891 cuts in August, a 193% increase from the 25,885 cuts announced one month prior. It is up 1% from the 75,151 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...
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CEO Switching Slows in Summer, July 2024 Exits Fall 36%; Leaders Stay as Current Economic Challenges Demand Stability
Published August 29, 2024 The number of CEO changes at U.S. companies fell 36% to 149 in July from 234 in June. It is down 24% from 197 CEO exits recorded in the same month last year, according to a report released Thursday by global outplacement...
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Lowest Teen Hiring in July 2024 on Record; Jobs Added for Teens Up 4% Over Summer 2023
Published August 27, 2024 Teen Summer Jobs Start Strong, Tumbles in July After experiencing the strongest start to summer hiring since 2021, employers added 1,077,000 jobs across May, June, and July—a 4.2% increase from the 1,034,000 jobs added during the same period last year, according to a...
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Relocation Rising for Job Seekers in Q2 of 2024 as Job Market Cools
Published August 16, 2024 Challenger Relocation Report Job seekers’ relocating for new jobs rose to 2.7% in the second quarter, up from 2.1% in the first quarter* and 2.4% in the same quarter last year. While the rate is rising after falling to historic lows in 2023,...
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Challenger Welcomes Three New Experts to Our West Coast Team
Published August 5, 2024 Challenger is excited to announce the addition of three new team members, led by Joey Barry, to expand our reach in the western United States. We are thrilled to welcome their passion, enthusiasm, and expertise to Team Challenger. [caption id="attachment_22819" align="alignleft" width="300"] Lauren...
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