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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Those graduating with degrees in business, engineering, computer science, education and health care should find a relatively welcoming job market.
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For months, it appeared that the U.S. might remain relatively untouched by the financial crises abroad. However it most certainly seems that the impact is starting to ripple through our economy.
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Businesses are starting to ramp up spending on new equipment and technology and consumer spending looked relatively strong in January, despite predictions that they were tapped out. This may mean fewer job cuts in the months ahead as companies try to meet the steady demand for their products.
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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,
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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.
break early
It is probably too early to break out the champagne,
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It is no wonder that workplace dating is taking off, with more than 28 million young people, some of whom spend more time together in the office than they do outside of work. Employers almost have no choice but to permit interoffice dating,
based beginning companies heavy previous unusual
It is not unusual to see heavy job-cutting in the beginning of the year. Companies are still making adjustments based on the previous year's performance.
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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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I think companies will spend billions of dollars over the next several years building their e-commerce structures, and these dot.com employees will be leaders in helping them do that,
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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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While companies seemed to be hoarding workers post-merger or acquisition through February, it appears that this is not the case anymore. While we do not have our own merger job-cut data for March tabulated yet, we know a large number of merger-related cuts were announced.
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We've lost 2.5 million manufacturing jobs since the recession hit,
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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,