Published November 2, 2023 U.S.-based employers announced 36,836 cuts in October, a 22% decrease from the 47,457 cuts announced one month prior. It is 9% higher than the 33,843 cuts announced in the same month last year, according to a report released Thursday from global outplacement...
Published October 5, 2023 U.S.-based employers announced 47,457 cuts in September, down 37% from the 75,151 cuts announced in August. It is up 58% from the 29,989 announced in the same month one year prior, according to a report released Thursday from global outplacement and business...
Published September 19, 2023 Holiday Season 2023 As the 2023 holiday season kicks off, the labor market is starting to cool and employers are hiring at a slower clip. As labor costs and interest rates rise, seasonal employers may rein in their typical hiring sprees, as both...
Published January 11, 2023 Fewest Seasonal Retail Jobs Added Since 2009 While many employers planned for an economic downturn to begin 2023, the labor market remains tight and the economy added a solid number of jobs to end the year. Despite this, Retailers added the lowest number...
Published December 22, 2022 The year-end bonus is a tradition for many employers, but this year, companies are taking a more cautious approach, according to survey results released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. In the Challenger Holiday...
Published December 7, 2022 New Seasonal Retail Jobs Fall Below 2021 Levels As job cuts rise and economic softness looms, the number of seasonal jobs added in Retail has fallen to the lowest level for November since 2008, according to an analysis of non-seasonally adjusted data from...
Published November 17, 2022 The number of CEO changes at U.S. companies fell 4% from the 74 in September to 71 in October. October’s total is down 50% from the 142 CEOs who left their posts in October 2021, according to a report released Thursday by...
Published November 9, 2022 The labor market remains tight as the nation enters the penultimate month of 2022, but signs of a slowdown are emerging, according to an analysis of non-seasonally adjusted data from the Bureau of Labor Statistics (BLS) by global outplacement and executive...
Published October 6, 2022 Job Cuts Surge 46% In September, Up 68% From Same Month Last Year U.S.-based employers announced 29,989 cuts in September, a 46.4% increase from the 20,485 cuts announced in August. It is 67.6% higher than the 17,898 cuts announced in the same month...
Published September 22, 2022 Labor Shortage an Issue for Seasonal Hiring, But Recession Fears May Limit Need As the 2022 holiday season kicks off, seasonal employers are grappling with possibly falling consumer demand for the holidays, as planned rate increases, inflation, and potential recession fears take hold....
