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The latest news, trends and information to help you with your recruiting efforts.

Posted June 03, 2013 by

Job Hunting Tips For Teens

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

As summer break gets underway for most of the nation’s high school and college students, many have already started summer jobs at the mall, day camps, amusement parks and movie theaters.  Those who were unable to secure a job offer may assume it is too late, but nothing could be further from the truth, according to one employment authority.

“We expect summer hiring to improve from last year’s pace, which could mean steady hiring through at least July.  Many employers filling summer positions may have already completed the initial process of interviewing and hiring.  However, some employers may need more workers than expected.  Others may find that the workers they hired were not a good fit.  In any case, summer job seekers should not give up,” said John A. Challenger, chief executive officer of global outplacement consultancy Challenger, Gray & Christmas, Inc., which provides job-search training to people who were laid off by their employers. (more…)

Posted May 29, 2013 by

7 Tips to Make Your Internship a Success

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

The nation’s employers are increasingly selective in recruiting and now demand that even entry-level candidates have on-the-job experience.  As a result, the once optional summer internship has become a requisite component of any young person’s resume, according to one employment expert, who advises those embarking on internship programs this summer take steps to ensure they make the most of the experience.

“Internships are more important than ever, but not all internship programs are created equal.  Many employers do not have any type of strategy when it comes to utilizing and educating their interns.  In these situations both the employer and the intern lose.  It is critical that young people entering an internship program take a proactive approach to managing and maximizing their experience,” said John A. Challenger, chief executive officer of global outplacement and business coaching consultancy Challenger, Gray & Christmas, Inc. (more…)

Posted May 28, 2013 by

Even As More Employees Take Vacations, More Asked To Stay Connected With Office

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

While prices at the gas pump are still higher than most drivers would like, more American workers are expected to use their vacation days this summer, thanks to the steadily improving economy, increased job security and reasonable airfares. Increased summer travel, beginning with the Memorial Day holiday, is likely to boost hiring across several travel-related sectors, including leisure and hospitality, food service, retail, and entertainment, according to the employment experts at global outplacement consultancy Challenger, Gray & Christmas, Inc.

“For young job seekers on break from high school or college, travel and leisure-related industries offer a wealth of employment opportunities. While many employers have already hired the bulk of their seasonal workers by this point, it is still not too late to find openings, particularly for those who live near or are willing to temporarily relocate to popular travel destinations,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas. (more…)

Posted May 16, 2013 by

Despite High Unemployment Overall, Severe Talent Shortage Plaguing Some Sectors and Regions

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

Rising quit rates and fewer job seekers vying for open positions could signal a return to the types of labor shortages that plagued employers during the dot.com boom.  While widespread talent shortages are probably five to ten years away, some regions and industries already may be feeling the pinch, according to the workplace authorities at global outplacement consultancy Challenger, Gray & Christmas, Inc.

“With 11.6 million Americans still unemployed as of April, it may be difficult for most to contemplate labor shortages.  However, it is important that not all of the unemployed reside where jobs are being created at the fastest rate and many lack the skills required to fill the openings that exist.  These two factors alone make skill shortages a reality right now for some employers,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas.  (more…)

Posted May 06, 2013 by

Unemployment Amongst Young Adults Dragging Down Economy

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

The latest employment report revealed a job market that is most definitely improving.  That is, unless you are under the age of 20 or you have been out of work for more than six months.

Youth and long-term unemployment are not only inflating the unemployment rate, but they are a drag on the economic recovery.  According to an unpublished table of non-seasonally adjusted data from the Bureau of Labor Statistics, 4,488,000 Americans in April have been out of work for at least 27 weeks.  Of those, more than 3,000,000 (3,085,000) have been jobless for a year or longer.  “This prolonged unemployment takes a significant toll on the economy, not only in lost spending, but in lost tax revenue.  If politicians are truly concerned about reigniting the economy and fixing the deficit, getting these people back on payrolls should be the top priority,” said John A. Challenger, chief executive officer of global outplacement consultancy Challenger, Gray & Christmas, Inc.  (more…)

Posted May 02, 2013 by

Fewer Job Cuts in April But Sequestration, Consumer Spending Are Concerns

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

Job cuts fell to their lowest level since December, as U.S. employers announced plans to trim payrolls by 38,121 in April, according to the latest report on downsizing activity released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

April job cuts were 23 percent lower than March, when announced layoffs totaled 49,255.  They were 6.0 percent lower than the 40,559 planned job cuts announced in April 2012.  April represents the lowest job-cut month since last December, when 32,556 were tracked by Challenger. (more…)

Posted April 18, 2013 by

4.6 Million Americans Searching for Jobs for 27 or More Weeks

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

June will mark the four-year anniversary of the official end of the Great Recession and, unless there is a significant shock to the economy, it will be the 40th consecutive month of private-sector payroll gains. Yet, millions of chronically unemployed Americans the job market have yet to see any improvement; a trend that could have dire consequences for the long-term health of the entire economy, according to one employment authority.

“The longer one is out of work, the more difficult it becomes to achieve job search success. And, unfortunately, this is a situation that has not reversed, despite steady improvement in the overall job market,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas, Inc., the global outplacement firm, which provides employment transition counseling to individuals following job loss. (more…)

Posted April 11, 2013 by

Tips for Teens Looking for Summer Jobs

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

Continued employment gains across the economy, but particularly in lower-skilled, lower-paying hourly wage categories, are expected to benefit teenagers seeking jobs this summer, according to a new outlook released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

While job-seeking teens are likely to face competition from recent college graduates, as well as those at the opposite end of the age spectrum, employment gains for 16- to 19-year-olds in May, June and July should surpass last year’s levels.

“There will definitely be more opportunities for teenagers seeking employment this summer.  Of course, it is still a competitive environment.  So, teens should not expect employers to come knocking on their door.  The search will require maximum effort, starting now, in order to have a position lined up before the school year ends,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas. (more…)

Posted April 04, 2013 by

Increased Layoffs in Q1 Led by Retail, Government Woes

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

The nation’s employers reported job cuts totaling 49,255 in March, a decline of 11 percent from the 55,356 cuts announced in February, according to the latest report on downsizing activity released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.  Despite the decline, quarterly job cuts reached their highest level since 2011.

March job cuts were 30 percent higher than a year ago, when employers announced plans to shed 37,880 workers from their payrolls.  This marks the second consecutive month and the fourth time in the last six months that the job-cut total was higher than the year-ago figure.

Employers have now announced 145,041 job cuts through the first three months of 2013.  That 5.6 percent higher than the previous quarter’s 137,361 job cuts and 1.4 percent higher than the 143,094 job cuts announced in the first quarter of 2012.  The first-quarter total is, in fact, the highest quarterly tally since 233,258 job cuts were tracked in the third quarter of 2011. (more…)

Posted March 27, 2013 by

1.8 Million 2013 Four-Year College Grads Entering Improving Job Market

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

With college seniors around the nation returning to their respective campuses following spring break recess, many will undoubtedly turn their attention to their impending graduation and the search for their first post-collegiate job.  A new analysis of the entry-level job market estimates that while the job market continues to strengthen for college graduates, the environment remains highly competitive, which may force some to pursue unexpected career paths.

In its annual college graduate job-market outlook, global outplacement consultancy Challenger, Gray & Christmas, Inc. says this year’s crop of 1.8 million bachelor’s degree recipients will be able to take advantage of the 36 consecutive months of private-sector employment growth that has occurred since the jobs recovery began in earnest in March 2010.

“Job creation has been slow, but it has been steady.  Over the past 14 months, private payrolls have grown by an average of 190,000 new workers per month.  There are a growing number of opportunities for job seekers, but the search definitely requires an aggressive approach.  This is especially true for new graduates, who are likely to have less real-world experience to point to in job interviews,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas. (more…)