22% Fewer Employers Hosting Holiday Parties

While the economic recovery failed to make great strides in 2011 and, in fact, appeared to stall in the second half of the year, nearly 70 percent of companies still plan to hold holiday parties in the coming weeks, according to an annual survey of human resources executives conducted by global outplacement firm Challenger, Gray & Christmas, Inc.

The percentage of companies hosting parties is about the same as a year ago, but remains well short of a pre-recession 2007, when about 90 percent of companies surveyed held holiday festivities. Continue Reading