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17 Aug Cisco Cuts Could Be Second Largest Tech Cut Since January 2015

Posted at 03:19h in The Challenger Report
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Published August 17, 2016 UPDATE: Cisco confirms they will cut 5,500 jobs While the company has not officially confirmed the news, reports out of Silicon Valley suggest that tech giant Cisco Systems is preparing to shed 14,000 workers from its payroll. If true, it would represent the...

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08 Aug July Job Blowout: Teens Land 492K Jobs in July, 1.4M This Summer

Posted at 12:30h in Teen Employment
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Published August 8, 2016 With strong hiring in June and July, the number of teenagers finding summer employment in 2016 increased by more than 15 percent to its highest level since 2013, according to an analysis of government data by global outplacement firm Challenger, Gray &...

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03 Aug 2016 July Job Cut Report: Cuts Jump 19 Percent to 45,346

Posted at 09:22h in The Challenger Report
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The pace of layoffs ticked up in July, as employers announced plans to shed 45,346 workers from their payrolls. That represents a 19 percent increase from 38,536 job cuts in June, according to the report released Thursday by global outplacement consultancy Challenger, Gray &...

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19 Jul Teen Summer Update: June Surge to Highest Gains in 3 Years

Posted at 08:05h in Teen Employment
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NEARLY 700,000 TEENS FIND JOBS; HIGHEST GAINS SINCE 2013 The number of teenagers finding summer jobs surged in June, as employment among 16- to 19-year-olds increased by 691,000. It was the biggest June job gain for teens since 2014, according to tracking by global outplacement...

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11 Jul CEO John Challenger Talks Midyear Job Cuts with CNBC

Posted at 08:03h in News
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06 Jul 2016 June Job Cuts: 38,536 in June Contribute to 313,754 Total Cuts This Year

Posted at 03:45h in The Challenger Report
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Employers announced plans to cut payrolls by 38,536 jobs in June, an increase from May, but still well below the 12-month average and indicative of a positive employment environment, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The June...

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22 Jun Is the Labor Force Running Out of Labor?

Posted at 09:16h in Economy & Workplace
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On the surface, some of the recent economic data might look like the recovery is stalling, but the trends, in fact, may be the result of the shrinking pool of available talent. The Bureau of Labor Statistics monthly employment situation report was received with...

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07 Jun May 2016 Teen Jobs Update: Employment Gains Down 14 Percent

Posted at 07:53h in Teen Employment
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The number of teenagers finding jobs in May declined for the second consecutive year, as a growing number of this population either struggles to find summer employment or simply abandons the traditional labor force. Employment among 16- to 19-year-olds increased by 156,000 in May, according to...

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25 May More Travelers This Summer Mean More Jobs for Summer Job Seekers

Posted at 02:05h in Teen Employment
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Memorial Day weekend will kick off what is expected to be one of the busiest summer travel seasons in recent history, thanks to low gas prices and cheaper air fares. The increased number of Americans vacationing should result in increased hiring in areas and...

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19 May Labor Shortages Make This The Best Post-Recession Job Market for New Grads

Posted at 09:57h in College Grads
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The class of 2015-16, which sends more than 1.8 million young Americans armed with four-year degrees into the workforce this year, will enter the best job market for college graduates in several years, according to one new outlook. In its annual college grad job forecast, global...

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