U.S.-based employers announced 29,831 job cuts in October, down 3 percent from the same month last year, when 30,740 job cuts were announced. Employers have announced 25 percent fewer job cuts than they did in the same period last year, according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.
When most job seekers consider seasonal retail jobs, they think of late nights, controlling crowds, Black Friday, and wrapping gifts for last-minute holiday shoppers, but a few large retailers are looking for workers willing to stay home this season.
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Job cuts announced by U.S.-based employers fell 4.4 percent, from 33,825 in August to 32,346 in September. Last month’s total was 27 percent lower than the 44,324 job cuts announced in the same month last year, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.
The current outlook for rural employers and employees seems bleak. With technology eliminating many jobs, much of the rural talent is moving to cities as a means of finding better job prospects, leaving companies scrambling to employ and retain talented employees.
While pivoting in the retail sector has caused thousands of store closures, price cuts on merchandise, and consolidation within the industry, retailers are signaling that there might be high demand for seasonal jobs, according to a forecast released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.