Employers announced fewer planned job cuts in March, even as government sector layoffs mounted, according to a report released Wednesday. The number of jobs cut fell 18 percent to 41,528 from February’s 50,702, according to outplacement consulting firm Challenger, Gray & Christmas. Year over year, job cuts dropped 39 percent from 67,611 in March 2010. Get the full story »
Challenger
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Planned layoffs at highest level in 11 months
The number of planned layoffs at U.S. firms rose in February to its highest level in 11 months as government and non-profit employers let workers go, a report showed Wednesday. Get the full story »
Fewer layoffs, even with high unemployment
The U.S. labor force has been split into two groups: the relieved and the desperate. Those who have a job are less likely to lose it than at any point in at least 14 years.
Those who are unemployed are in trouble. Finding a job remains a struggle 20 months after the recession technically ended. Employers won’t likely step up hiring until they feel more confident about the economy. Get the full story »
Planned U.S. layoffs rise 20% in January
The number of planned layoffs at U.S. firms in January rose 20 percent from the previous month to 38,519, but the tally was still the lowest for a January since at least 1993, according to a report released on Wednesday. Get the full story »
Planned layoffs up slightly in private sector in Sept.
The number of planned layoffs at U.S. firms rose slightly in September, though it was the second lowest level of the year, a report Wednesday said.
Employers announced 37,151 planned job cuts last month, up 7 percent from the 34,768 job cuts reported in August, according to the report from global outplacement consultancy Challenger, Gray & Christmas Inc. Get the full story »
Seasonal hiring could improve, but still lower
Though retail sales gains have improved, don’t expect holiday seasonal hiring to reach “pre-recession levels,” a new report indicates.
Challenger, Gray & Christmas, Inc., said retailers, thanks to two consecutive months of sales gains, “could portend stronger seasonal hiring in 2010,” the Chicago-based outplacement consulting firm said today. Get the full story »
More jobs cuts in August, but pace may ease
While the private sector slashed more jobs than expected in August, overall employers aren’t planning as many cuts for the future, two separate reports showed Wednesday. Get the full story »
