Published April 7, 2020 Teen employment skyrocketed during the summer months of 2019 to the highest number of jobs added since 2001, according to an analysis of non-seasonally adjusted data from the Bureau of Labor Statistics by global outplacement and executive and business coaching firm Challenger,...
Challenger COVID-19 Coverage HR Response to Pandemic; March 2020 Survey Results Published April 3, 2020 As states and localities take action to promote social distancing and slow the outbreak, companies and Human Resources teams have responded in kind, according to a new survey from global outplacement and executive...
Job cuts announced by U.S.-based employers surged 292% from February’s total of 56,660 to 222,288 in March. March was the first month to report job cut announcements specifically due to the COVID-19 pandemic, according to a report released Thursday from global outplacement and business and...
222,288 Job Cuts Announced in March 2020, Most Since Jan 2009 COVID IS RESPONSIBLE FOR 141,844 Job cuts announced by U.S.-based employers surged 292% from February’s total of 56,660 to 222,288 in March. March was the first month to report job cut announcements specifically due to the...
Published on: Mar 30, 2020 See the press release and report here. [caption id="attachment_13585" align="aligncenter" width="1000"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] ###...
Initial weekly jobless claims soared to 3.3 million, only a few weeks after a historic low of 200,000. This highlights the whiplash workers and HR professionals are experiencing as the labor market transitions from one of the tightest on record to a likely recession. Despite...
Initial weekly jobless claims soared to 3.3 million, only a few weeks after a historic low of 200,000. This highlights the whiplash workers and HR professionals are experiencing as the labor market transitions from one of the tightest on record to a likely recession. Despite...
Read Article “Those who work in essential positions are no doubt feeling heightening anxiety as the outbreak continues,'' says Andrew Challenger, vice president of outplacement firm Challenger, Gray & Christmas Inc. "Companies are changing shifts so that fewer people are working together. Some companies are offering...
Global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc. has tracked over 9,000 job cut announcements due to the COVID-19 outbreak. These are confirmed cuts from individual companies. Challenger tracks job cut announcements using media reports, company announcements, state WARN reports,...
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