Jobs Report Shows Major Comeback For Illinois, Though Hotel, Restaurant Industries Still Struggle BY TARA MOLINA Published MARCH 9, 2022 Original Article But those aren't the only promising numbers. Enter jobs expert Andy Challenger of Challenger, Gray & Christmas. "We really are seeing the labor market start to fully recover,"...
PUBLISHED March 3, 2022 15,245 CUTS IN FEBRUARY U.S.-based employers announced 15,245 cuts in February, a 20% drop from the 19,064 cuts announced in January. Meanwhile, employers in the U.S. announced plans to hire 215,127 workers, the highest February total on record, according to a report released...
U.S. EMPLOYERS ANNOUNCED FEWEST JOB CUTS ON RECORD IN 2021; 19,052 CUTS IN DECEMBER Published January 6, 2022 Job cuts announced by U.S.-based employers rose 28.1% in December to 19,052 from the 14,875 announced in November. It is 75.3% lower than the 77,030 announced in December 2020,...
CBS News: Andy Challenger, SVP, Discusses Layoffs Falling to Record Low since 1993 Reported by CBS News Published December 2, 2021 Corporate layoffs are falling to their lowest level in nearly 30 years as the U.S. job market bounces back from the coronavirus pandemic. The number of announced...
Challenger Report: November Job Cuts Plummet to Lowest Monthly Total Since May 1993 Published December 2, 2021 Job cuts announced by U.S.-based employers plummeted 34.8% in November to 14,875 from the 22,822 announced in October. It is the lowest monthly total since 14,086 cuts were recorded in...
OCTOBER 2021 JOB CUTS RISE 28% TO 22,822 Published November 4, 2021 Job cuts announced by U.S.-based employers rose 27.5% in October to 22,822 from the 17,895 announced in September. It is the highest monthly total since May, when 24,586 cuts were recorded, according to a report...
Challenger Report: September Cuts Rise 14%, Lowest Quarterly Total Since Q2 1997; 1.7K+ Cuts Due to Vaccine Refusal Published October 7, 2021 Job cuts announced by U.S.-based employers rose 14% in September to 17,895 from the 24-year low of 15,723 cuts announced in August, according to a...
Job Cuts Fall To Lowest Monthly Total Since June 1997, Lowest YTD On Record Published September 2, 2021 U.S.-based employers announced 15,723 job cuts in August, down 17% from the 18,942 cuts announced in July. Last month’s total is the lowest since in June 1997, when...
Challenger July Job Report: Jan-Jul Job Cuts Lowest on Record As Companies Announce 18,942 in July Published August 5, 2021 As companies increasingly report difficulty finding and keeping talent and the Delta variant spurs a rise in COVID cases, U.S.-based employers announced 18,942 job cuts in July,...
Historically, less job cuts happen in the summer Posted July 15, 2021 With summer in full swing, some job seekers may feel the best time to look for new positions has passed. That is not the case, according to one authority. "Traditionally, we see the fewest job cuts...
