ARTICLES, BLOGS & VIDEOS

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

Posted August 28, 2012 by

Of all workers laid off from 2009 to 2011, just 56.9% had jobs as of January 2012

John Challenger of Challenger, Gray & ChristmasLabor Day kicks off what is typically a more volatile employment environment, as companies adjust payrolls to align with year-end goals and plans for the coming year.  This makes it the ideal time for workers and job seekers alike to reboot their efforts to find or keep a job, according to the workplace authorities at global outplacement and executive coaching consultancy Challenger, Gray & Christmas, Inc.

“For many companies, business activity declines during the summer months, as sales slow and key decision makers take off for vacations.  The pace tends to quicken as the year comes to a close as companies scramble to hit earnings goals and establish objectives for the new year.  As a result, it is not unusual to see a flurry of employment changes in the final four months of the year,” said John A. Challenger, chief executive officer of global outplacement consultancy Challenger, Gray & Christmas, Inc.

Following the worst economic meltdown since the Great Depression, it should come as no surprise that this has been one of the worst recoveries.  That point was recently driven home by two reports confirming just how weak this recovery has been. (more…)