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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A lot of people leave jobs because they say, 'I had no freedom. I had no say,' ... People don't want bosses who are ... just telling them what to do and not creating a strong collegial relationship with give and take.
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As earnings fall, corporations are quick to slash compensation costs, and that is brining about wholesale job cuts.
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No company or boss can promise you the company will remain the same (forever). You have to realize you may be back in the job market at any time.
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The competition will be fierce for first-time job seekers this year. Not only are there fewer jobs, but the pool of candidates is bigger, ... In addition to their classmates, college graduates will be competing with jobless people formerly in the workforce for one to three years...
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A growing number of unemployed Americans waste time browsing the estimated 4,000 to 5,000 online job sites, blanketing them with resumes, and then waiting for callbacks. It is a formula for long-drawn-out joblessness.
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Taking full time off to go back to graduate school once you're, say, past 28, is very costly. Yes, there's no question it enhances your value -- particularly in the big stream areas like finance, sales and marketing, engineering, health care. But you don't want to use graduate school as a deferral because you don't want to face the job market.
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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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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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People are moving to where the jobs and the growth are occurring. That means a lot more turbulence in people's lives.
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The heavy year-end downsizing does not necessarily indicate a sudden weakening of the economy, ... The fact is, job cutting has become a permanent part of the corporate cost-management mix, as demonstrated by the fact that a strong financial sector still found nearly 100,000 jobs to eliminate.
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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,
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Between technology and globalization, a large majority of U.S. white-collar jobs will become obsolete and either eliminated or dramatically altered,
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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.
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The job market appears to be stuck in the mud. Every time it looks as if things are going to rebound for the nation's workers, a series of reports deflates the optimism,