John Challenger
John Challenger
Challenger, Gray & Christmas, with headquarters located in Chicago, Illinois, is the oldest executive outplacement firm in the US. It has offices throughout North America...
companies economic gain strong technology
Many companies have now had over two years of strong profitability. They haven't yet completely reinvested that in technology, but as they gain economic strength, they will.
certainly companies competition consumer corporate cut economic helped inability increased job maintain overall prices pricing raise spending stiff voracious
While voracious consumer spending has helped maintain overall economic strength, companies are still hampered by stiff pricing competition from abroad, ... The inability to raise prices has cut into corporate profits, which, in turn, has most certainly contributed to increased job cutting.
areas economy economy-and-economics forecast heavy hit strong
While some forecast the economy to be strong this year, some areas hit with heavy downsizing could struggle.
agile companies contingent contract cost economy economy-and-economics effort expansion fully global hiring oriented recovered rely revival workforce
Even when the economy is fully recovered and companies are back in expansion mode, we may not see a revival in hiring of the rank-and-file worker. Cost containment oriented companies, in an effort to become more agile in this increasingly competitive global marketplace, will rely more an more on a just-in-time workforce of contract and contingent workers.
economic farther growing keeps light numbers recovery research seem shown suddenly themselves tunnel
It may seem as if the light at the end of the economic recovery tunnel keeps getting farther away, but our research has shown that there are opportunities for the growing numbers of Americans who suddenly find themselves unemployed,
almost corporate cutting daily earnings economic economy headed job mirrors next pattern quarter recovery report saw seeing seems stuck third toward various
The pattern of job cutting that we saw in the third quarter mirrors what we have been seeing almost daily in the various economic and corporate earnings reports, which is to say one report suggests the economy is headed toward recovery while the next seems to hint that we are stuck in recession,
aspect balance both companies cutting economic fact heaviest job looking needs numbers positive present serving terms
Companies are looking at their staffing needs for the balance of 2001 and the numbers do not present a very positive picture. The most worrisome aspect of the job-cut numbers, in terms of serving as an economic barometer, is the fact that job cutting has been heaviest in both manufacturing and technology.
cycle earlier economic peak reached
We may well have reached the peak of the economic cycle earlier in the year.
attention domestic economic economy gross inflation issue job pay product relates strength
The economy is always an important issue in voters' minds, especially as it relates to the job market, ... Most Americans do not pay much attention to gross domestic product growth, the strength of the dollar, inflation or other economic indicators.
double economic good july lowest numbers period saw
The July numbers are still double what we saw in the period of economic expansion, ... They're the lowest in some time, but they're not good by any means.
business companies cuts employment higher january job motion needs plans
We typically see higher job cuts in January as companies set into motion business plans and employment needs for the new year.
expect figures lines location looking offices
With job-cut figures surging, you would expect to see long lines at the unemployment offices and at every location looking to hire,
across cuts demand expect far fewer job last month pressure skilled virtually wage workers
With fewer job cuts last month and virtually no let-up of demand for skilled workers across all industries, one would expect far more wage pressure than has been seen,
against factors future job market near rebound relatively
With factors like technology, outsourcing and consolidation working against job creation, any job market rebound we see in the near future will be relatively small,