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...
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,
familiar far hiring maximize overtime paying rather slow smarter until wages
It is far smarter to maximize productivity by paying overtime wages rather than hiring new workers, who will be slow until they become familiar with the new job.
average earners earning executives longer month search time wage
The average search time for executives earning over $100,000 is about a month longer than other wage earners in the same community.
continue cutting engine gets inflation people pressure steam wage
Companies, through their downsizing, continue to take the steam out of the wage inflation engine by cutting people when the pressure gets too high,
growth paltry pay raises since wage
Pay raises have been paltry since 2001. Since 2001, wage growth has been muted because productivity has been so strong.
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,
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.
attack cuts economy effects eight heavy job last levels months november reported three
The very heavy downsizing reported in November is more confirmation that the effects of the Sept. 11 attack on the economy have been substantial. In the eight years we have tracked job cuts data, the downsizing for the last three months has been at levels never before seen.