Press Releases

Posted 3 days 2 hours

The United States has one of the largest military forces in the world and therefore one of the largest veteran populations. In 2017, according to the Bureau of Labor Statistics, 20.4 million veterans made up 8 percent of the labor force.

Veterans who served during the wartime periods of World War II...

Posted 1 week 1 day

Tattoos, once taboo in the workplace, are now commonplace in many offices, as employers found that to keep or attract talent, they needed to overlook this kind of body art. Now, companies may be considering relaxing dress codes, especially in a tight labor market, according to one workplace authority.

“For years, companies required stringent dress codes for both men and women...

Posted 1 week 4 days

While April saw the economy add 164,000 jobs and the unemployment rate edge down to 3.9 percent, a total of 109 Chief Executive Officers left their posts at U.S.-based companies during the month, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 19.8 percent higher than the...

Posted 1 week 5 days

With 85 million mothers in the United States – 70 percent of whom are in the labor force, according to the Bureau of Labor Statistics – no doubt companies are facing calls for family-friendly benefits and perks. As women continue to speak out for equality in the workplace, especially in light of the #MeToo movement, companies that design their culture to support working mothers will attract top talent,...

Posted 2 weeks 1 day

With Mother’s Day approaching, some moms may think the best gift would be for their teenager to get a job. However, fewer teens are opting to secure summer employment. In its annual outlook, global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. predicts teen hiring will remain stagnant this summer, as more and more...

Posted 2 weeks 4 days

Job cuts announced by U.S.-based employers fell 40.2 percent in April to 36,081, the second lowest monthly total for the year, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

April’s total belies a trend for increased cuts after announcements in March hit a 23-month high of 60,357. March’s...

Posted 3 weeks 5 days

Perhaps seizing on a tax bill favorable to business, as well as a stable economy and tight labor market, job seekers chose to start new businesses in the first quarter of the year at the highest rate since the fourth quarter of 2013, according to a report from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

An average of 7.99 percent of job seekers started a business in the first quarter, the highest...

Posted 1 month 1 week

As companies ramp up recruiting efforts for members of the millennial and Gen Z generations, employers are finding that traditional compensation offerings – salary, health, and retirement benefits – are no longer sufficient to draw top talent. Meanwhile, older workers, an increasing number of whom are remaining in the workforce, prioritize health and retirement benefits...

Posted 1 month 1 week

Although the 96 Chief Executive Officers who left their posts at U.S.-based companies in March was a 15 percent drop from the 113 CEO exits in February, this is the highest quarterly total since the third quarter of 2014, when 348 CEO changes were recorded, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger...

Posted 1 month 2 weeks

Job cuts announced by U.S.-based employers surged in March to 60,357, a 71 percent increase from the 35,369 cuts announced in February. Last month’s total is the highest monthly total since April 2016, when 64,141 job cuts were announced, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc...

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