Another Rough Summer Ahead for Teen Jobs
Teens hoping for employment this summer aren't likely to find the job market much better than last year, when teenage job seekers experienced the weakest seasonal market in decades.
Challenger Gray Christmas
Monthly CEO Departures Fell in February Survey
The number of CEOs departures last month fell 30% to 92, compared to 132 a year ago. February's total was also slightly lower than that of January, when 96 top executives exited their posts, according to job-services firm Challenger, Gray & Christmas.
Career Risk-Taking Hits a New Low, Thanks to the Still-Weak Economy
Whether it was a fresh startup or a fresh start, fewer Americans seemed willing to take career risks last year, according to a new report by Challenger, Gray & Christmas. The percentage of job-seekers starting their own businesses or relocating for new positions fell to historic lows in 2010.
CEO Departures: In January, 96 Top Bosses Moved Out
Last month, 96 CEO changes were announced by U.S. based companies, reports job-services firm Challenger, Gray & Christmas, among them the heads of Google and Advanced Micro Devices. The number is down 9% from December, but 8% higher than January 2010, when 89 CEOs left their corner offices behind.
People@Work: Winter's Blasts Affect Not Only Hiring but Output, Too
It's hard to fathom that something as mundane as weather could affect employment statistics. But it clearly does. And it also has big impact on how much work actually gets done. And beyond the snows of winter, there's distractions like the Super Bowl that keep worker from their duties.
Another Strong Showing for Private Sector Jobs
Private employers added 187,000 jobs in January, ADP announced Wednesday, 47,000 more then economists had predicted. That marks the fourth straight month of significant job gains -- a trend that suggests the U.S. labor market is recovering.
Week in Preview: Jobs, UPS Earnings and More
The all-important January employment reports come out this week. Also worth watching for are a host of earnings releases, led by economic bellwhether UPS. The package deliverer is expected to post strong results.
Tech Sector Job Cuts Fell to Lowest Level Since 2000
Tech layoffs came to just under 47,000 last year, according to employment-services firm Challenger, Gray & Christmas. Better still, during the next 10 years, the sector is forecast to have one of the fastest paces of job creation of any industry.
Job-Seekers Are Getting a Bit More Upbeat
A new survey by job-services firm Challenger, Gray & Christmas found the number of unemployed seeking work similar to what it found in 2009. Now, though, people are more optimistic that they'll land a job. Challenger agrees, but it notes the path is still long and difficult.
CEO Departures in November Fall to Year's Lowest Level
Though the job market remains challenging, for one group, the labor market was at its steadiest of the year last month. The number of chief executives departing their jobs fell to 79 in November, the lowest monthly number of 2010, according to job-services firm Challenger, Gray & Christmas.
Holiday Hiring Takes a Hit, Despite a Brighter Economy
Retailers and shipping companies are adding fewer new jobs than they did a year ago. One reason: employers began shopping for seasonal workers earlier than usual, boosting hiring in October. But if holiday retail sales hold up, it could equal more hiring in December.
Fewer CEOs Headed for the Exit in October
The number of chief executive officers leaving their posts in October fell to its lowest level in 18 months, according to a new report released today. The drop seems to show that the volatile job market, at least among corporate chiefs, appears to be stabilizing.
People@Work: Housing's Slump Is Keeping Job Seekers Stuck in Place
The percentage of unemployed managers and executives relocating for new positions fell to a record low in the third quarter, according to analysis by Challenger, Gray & Christmas. The relocation rate for the last four quarters has averaged just 7.3%.
People@Work: Hard Times Haven't Made Workers Any Smarter
If the recession and subsequent high employment proves anything, it's this: The scarcity of jobs hasn't made workers any smarter. Just-fired CNN anchor Rick Sanchez is a good example. Unfortunately, he's hardly the only one.
A Hopeful Outlook for Retailers' Holiday Hiring
Two consecutive months of sales gains among the nation's retailers may provide just enough confidence to trigger increased seasonal hiring this year. Even so, pre-recession hiring levels aren't likely.
More Signs of an Improving Job Market
A fresh batch of data show that the job market may finally have turned the corner despite last month's uptick in the national unemployment rate to 9.6%. Among them: Fewer initial claims for unemployment and a smallest monthly layoff total since June 2000.
Some Employment Trends Point to Stronger Recovery
Positive trends in job creation, layoffs and unemployment indicate that the current economic recovery started sooner and is progressing faster than the previous two recessions.
The 25 Companies That Cut 700,000 Jobs
Since the recession began, more than 8 million Americans have lost their jobs. But perhaps even more surprising is the small number of companies that are responsible for laying off such a large percentage of today's unemployed workers.
ADP: Private Sector Jobs Rose by 42,000 in July
The latest report beat the expected increase of 35,000 new jobs, and July marks the sixth straight month of private sector additions. However, it's a rather slack pace, averaging only 37,000 jobs per month.
The 'Mancession' Ebbs as Recovery Revives Male Hiring
The Great Recession had a disproportionately high impact on male unemployment. But now, the tentative recovery is driving job gains in areas like construction and financial services, helping male hiring regain lost ground -- some good news for Father's Day.
Layoffs in May Hold Steady From April
Employers are still laying off workers, but the pace of job cuts was essentially unchanged in May compared to April, according to employment-services firm Challenger, Gray & Christmas. "Announced job cuts have, for all intents and purposes, returned to pre-recession levels," said CEO John Challenger.
An Economist Argues for a Looming Labor Shortage
As baby boomers march inexorably toward retirement, one economist predicts that the U.S. could have at least 5 million job vacancies by 2018. Nearly half of the openings are expected in education, health care, government and nonprofit organizations.
What's Really Going On With Jobs?
Entering February, a mixed picture on employment has developed: Job cuts in January reached their highest total since August, but still represent a 70% reduction from the same time a year ago, when they peaked at 241,749. What's going on?
Career-Management Tips for 2010
Though the odds may seem daunting, job seekers shouldn't view finding new employment as an impossible goal, says workplace expert John Challenger, chief executive at employment consultancy Challenger, Gray & Christmas. "The key to success is to take an active approach and make your own opportunities," he says.
