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...
exceeded far numbers
The job-cut numbers in 2001 far exceeded anything we ever could have anticipated back in January.
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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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Changes at the top are typically followed by changes further down the ladder. However, the high number of job cuts this year could also be leading to CEO changes.
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Benefits are much worse for part-time workers. The number of people without health care insurance has gone over 40 million.
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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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Companies are looking at their staffing needs for the balance of 2001 and the numbers do not present a very positive picture. The most worrisome aspect of the job-cut numbers, in terms of serving as an economic barometer, is the fact that job cutting has been heaviest in both manufacturing and technology.
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large number of lower-middle class and middle-class Americans struggling to make it paycheck-to-paycheck will be short of discretionary income during the holiday shopping season.
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The Internet still offers viable business opportunities as the number of people with Internet access increases, ... As a result, we will continue to see job growth in this area but it probably will never again match the explosive growth of a couple of years ago.
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A growing number of people may see companies in the private sector as putting profits before people and before ethics,
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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.
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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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The best security people can't just deal with threats; they have to anticipate them, too.