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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Business owners have been burned by the recession in the past, so they'll take on some temporary staff and then convert them to full time when they know the recovery is for real.
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Many are waiting with bated breath to see if the economy continues to add jobs at the rate it did in March. If it does not, it could be serious blow to consumer and business confidence, thus slowing the momentum of the recovery again.
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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,
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Consumers are said to have more income (including the Bush tax cut), but are spending less. That may be the strongest indication that recovery from the current situation may be longer off than Wall Street analysts expect.
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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,
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Those are two areas of the economy that should be perking up right now if we were in a recovery mode, ... Normally, businesses hire temp workers and work their employees longer -- this drop is of real concern and raises the specter of a double-dip recession.
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The biggest factor pushing tech job cuts to a five-quarter high was a surge in corporate combinations in the telecom sector, which resulted in over 3,000 job cuts in February.
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The best way to get a summer job is to start now, if you haven't started already.
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The best security people can't just deal with threats; they have to anticipate them, too.
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The average search time for executives earning over $100,000 is about a month longer than other wage earners in the same community.
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The field is continually changing, and some companies feel like they're constantly under siege. It takes a special kind of individual just to walk into that, much less take control of it.
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The fallout from these mergers is often measured in jobs as the combined entity cuts overlapping positions and sheds workers in an effort to maintain profit margins.
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The fallout from all of this will likely continue on in December and January with more dot.com closures and job cut announcements,
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The cost may end up being much higher since it will now be possible to watch entire games on the Internet.