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...
Challenger June 2021 Job Cuts Report Published July 1, 2021 Companies Holding Tight to Their Teams Job cuts announced by U.S.-based employers fell 16.7% in June to 20,476 from 24,586 cuts announced in May. Last month’s total is the lowest monthly total since June 2000, when 17,241 job...
Challenger Pharmaceutical Industry Job Cuts Report Published June 18, 2021 Job cuts announced by Pharmaceutical companies in the U.S. soared in May surpassing the industry total for the entire year of 2020, according to a report released Tuesday from global outplacement and business and executive coaching firm...
A Labor Shortage with 8 Million Unemployed Published June 17, 2021 Quits And Job Openings At Record Highs: What Is Happening In The Labor Market? Recent labor data point to an increasingly tightening job market, with reports of workers quitting instead of returning to work in-person, while employers...
JOB CUTS REMAIN LOW AT THE START OF SUMMER; 24,586 JOB CUTS ANNOUNCED IN MAY Published June 3, 2021 Job cuts announced by U.S.-based employers rose 7% in May to 24,586 from the 22,913 announced in April. Last month’s total is down 93.8% from May 2020, when employers...
Challenger April 2021 Job Cuts Report Published on: May 6, 2021 Job cuts announced by U.S.-based employers fell 25% in April to 22,913 from the 30,603 announced in March. Last month’s total is down 96.6% from last April, when employers announced 671,129 cuts, the highest monthly total on...
March 2021 Challenger Job Cuts Report Published April 1, 2021 Job cuts announced by U.S.-based employers fell 86% in March to 30,603 from the 222,288 job cuts announced in the same month last year, when the fallout from the COVID-19 lockdowns began to impact businesses across the...
Challenger COVID Coverage Post-COVID Plans Survey Results Published March 2021 See the press release and report here. [caption id="attachment_13987" align="aligncenter" width="816"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] ...
Challenger, Gray & Christmas, Inc. February 2021 Job Cuts Report Published march 4, 2021 Planned job cuts announced by U.S.-based companies fell 57% to 34,531 in February from 79,552 in January. It was the lowest monthly total since December 2019, when 32,843 job cuts were announced, according...
Filings for initial jobless claims dropped to 730,000, the lowest weekly level since late November "We know really fast job growth is coming as soon as some of these industries—hospitality, entertainment and travel—can get going again,” said Andy Challenger, senior vice president at outplacement firm Challenger,...
