Economy

WSJ: Fear of Missing Out Drives M&A Deals

Original Article: http://www.wsj.com/articles/fear-of-losing-out-drives-deal-boom-1435361072

"Through May of this year, there have been about 8,800 announced merger-related job cuts, which translates to an annual pace of about 21,000, according to Challenger, Gray & Christmas Inc., an outplacement-services and executive-coaching company. That is less than in the last takeover boom. In 2006, for example, there were nearly 77,000 such cuts, according to the company’s data.

Investor's Business Daily: 23.5M Prime Age Workers Not In The Workforce

Original Article: http://news.investors.com/economy/060815-756275-prime-age-employment-sti...

"'The question is, have people found ways to game the system?' said John Challenger, CEO of placement firm Challenger Gray & Christmas. 'Are they going on disability, are they in the underground economy, are they more willing to not be dual-income-earning couples?'"

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