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...
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Employers have all the cards, ... Not only are they sharpening their salary pencils, but the screening of candidates is probably the toughest it's ever been.
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Even though February job cuts showed a significant decline, there is no reason to think the job market is rebounding, ... The fact that cuts remained above 100,000 is a strong indicator that employers are still focused on contraction.
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Even in this runaway economy that has some factories running 24 hours, ... employers are still able to find areas that can be trimmed or eliminated altogether.
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Consumers watched the stock market fall, heating-fuel prices rise, and to top it all off, employers launched a year-end job cut spree.
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We are approaching full employment and some employers are already dreaming up perks to attract the best talent.
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Frankly, the September decline was somewhat surprising, considering that the last four months of the year historically have been the heaviest, as employers finalize budgets and business plans for the coming year,
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The only clear picture we have from the job cut numbers this year is that employers appear to be confused about the direction this economy is taking, ... Companies are experiencing increased business, but they are also seeing their costs soar due to higher fuel prices, inflation in supplier prices and a weaker dollar, which makes it more expensive to buy foreign parts.
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It is no wonder that workplace dating is taking off, with more than 28 million young people, some of whom spend more time together in the office than they do outside of work. Employers almost have no choice but to permit interoffice dating,
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Some job seekers may do this because they feel that they should be a vice president and earning six figures, but their employers have not acknowledged such capabilities. However, prospective employers ... only care about what position you actually held,
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Higher health care and energy costs for employers and employees are definitely taking a toll. Companies are being forced to enact more cost-containment measures to protect profits,
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The labor market is quickly getting to the point where we will see upward pressure on wages, as employers attempt to attract more workers and retain the ones they have.
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We typically see higher job cuts in January as companies set into motion business plans and employment needs for the new year.
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With job-cut figures surging, you would expect to see long lines at the unemployment offices and at every location looking to hire,
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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,