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...
creates manifested novel problems themselves
It's novel enough that some problems haven't manifested themselves yet. Inevitably, it creates problems. It does create tensions in the workplace.
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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,
jobs moving people themselves
People see themselves moving (between) too many jobs today, too many companies.
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Companies that had told us they were seeing a glimmer of light at the end of the tunnel suddenly found themselves thrust back into darkness.
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What's new is that these relationships between men and women are less fraught with risk.
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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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We are at a peak period of employment. Companies can't afford to lose people.
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We're seeing the dismantling of the retirement age of 65.
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There is no question about it. More people today are striking out on their own, either involuntarily or voluntarily.
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There are thousands of co-heads, chiefs and directors now. You don't know if they are top people or are buried in middle management somewhere.
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There is a lot of extra fiscal stimulus moving into the economy from the storm relief.
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Overall, job cuts are down from last year and significantly lower than the record numbers we saw in 2002 and 2001, but there are still some worrisome trends,
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Retailers, restaurants, real estate, home improvement stores... will all see business decline.
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Retailers are being forced to turn into discounters at all levels, and that early transformation to a discounting posture is putting great pressure on profits. Retailers make a good percentage of their profitability in the last two months of the year. This year those earnings are going to be under real pressure. They'll be fighting to keep costs down.