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...
consumer continued cutting decline economy head holiday increased job prompt reduction result security shopping slowing spending
Continued job cutting as a result of a slowing economy and increased outsourcing could prompt a significant decline in job security and a subsequent reduction in consumer spending just as we head into the all-important holiday shopping season,
activity among behind cause competition continue cuts economy force improving increased industry job leading reasons second top year
Merger/acquisition activity was the second leading cause of job cuts (in January), behind cost-cutting. It will continue to be among the top job-cut reasons this year as an improving economy and increased competition force industry consolidation.
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.
appear buy clear companies confused costs cut direction due economy employers expensive foreign fuel higher increased inflation job numbers picture prices seeing soar weaker year
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.
affected displaced economy good increased jobs nearly news rate workers
The good news for displaced workers as well as for the economy is that the jobs that are being affected the most by downsizing are still in demand, ... This is why the unemployment rate has not increased at nearly the same rate as job cuts.
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,
bankruptcy eventual fallen larger swallowed
It would appear, ... that many of the smaller, more independent dot.com firms have been swallowed up by their larger competitors or have fallen into bankruptcy and eventual closure.
chief continue executive high holiday light likely shopping
These sectors may continue to see high chief executive turnover in light of what will most likely be categorized as a lackluster holiday shopping season.
certainly expansion expect factors hiring job repeat seekers taking tremendous
These ... factors are going to keep hiring from taking off in 2004. Job seekers certainly should not expect to see a repeat of the tremendous job expansion of the mid-to-late 1990s.
add added ambitious companies consumer creating economy global goods meet order plan plans poll several stay strong third
The strong economy prompted ambitious yearly plans on the part of many companies, especially those in consumer goods manufacturing, ... In order to meet those goals, as well as to stay competitive in today's global 24-hour economy, several companies in the poll have added or plan to add third shifts, creating the need for even more workers.
gift giving
is probably a multimillionaire, and giving them a gift would be more of a token.