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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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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More and more human resource executives are coming to the realization that they can no longer drag their heels on hiring decisions. If they do, it is increasingly likely that the candidate will be off the market before the offer is made.
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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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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,
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The heavy job cutting we have seen over the past three years appears to be trending down, ... However, the job market seems to be in a state of limbo, where companies are eager to hold on to people they have, but many are reluctant to create any new jobs.
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If job cuts in the auto industry continue and we start to see consistently high job-cut numbers from the top three job cutters in July, it should set off some relatively loud alarm bells about the state of the job market and economy.
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The market has very high expectations. The unrelenting search for profits is driving companies in an era when they can't raise prices and some of their potential for expansion overseas is being crimped.
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Most companies are looking at how the housing market affects them. If they see housing slowing, they'll be more cautious.
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Even though February job cuts showed a significant decline, there is no reason to think the job market is rebounding, ... The fact that cuts remained above 100,000 is a strong indicator that employers are still focused on contraction.
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The labor market is quickly getting to the point where we will see upward pressure on wages, as employers attempt to attract more workers and retain the ones they have.
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The labor market is starting to look more and more like the one we experienced in the late 1990s. Companies are undoubtedly reluctant to increase their costs, but it has become necessary to boost salaries and special benefits in order to attract and retain the top talent.
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It is a favorable sign that retailers have not joined in the job-cutting spree,
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Employers have all the cards, ... Not only are they sharpening their salary pencils, but the screening of candidates is probably the toughest it's ever been.
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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.