Challenger, Gray & Christmas, Inc.’s Post

Employment Market Update 📊 + Jobless claims are at their lowest level since February + Layoffs remain at low levels across majority of industries + National unemployment sits at 3.8% Reach out to the BG team to discuss how we can partner to help you uncover passive jobseekers that meet your hiring needs. #EmploymentMarketUpdate #JoblessClaims #HiringNeeds #BroekemaGroup

Workers are increasingly concerned about their job security 😬 And who can blame them when headlines about layoffs dominate the news? This instability coupled with a lack of career satisfaction is leaving employees unfulfilled and uneasy — even as they still expect competitive and transparent pay. Read more on the state of the job market. 

Workers are increasingly concerned about their job security 😬 And who can blame them when headlines about layoffs dominate the news? This instability coupled with a lack of career satisfaction is leaving employees unfulfilled and uneasy — even as they still expect competitive and transparent pay. Read more on the state of the job market. 

Laid Off vs. Fired: What's the Difference? Check out this insightful article to understand the distinctions between these two employment scenarios.

Released Today - April #ChallengerReport shows U.S.-based employers announced 64,789 cuts in April, a 28% decrease from one month prior, and down 3.3% from the same month in 2023. 
 “The labor market remains tight. But as labor costs continue to rise, companies will be slower to hire, and we expect further cuts will be needed. This low April figure may be the calm before the storm," said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc. https://bit.ly/3QqRZUO #layoffs #layoffs2024 #layoffsandjobreductions #economicoutlook #economictrends #costcutting #jobcuts⠀⠀

Afternoon all, as I continue to actively search for my next role, thought I would share some interesting trends... 1) Sadly ghosting still appears to be a thing. Always find it to be a curious strategy given impact on future candidate loyalty/interest. Also, more Senior ones could themselves one day be on hiring side and able to reflect on how they were treated when it comes to choosing a recruitment partner 2) One establishment in particular has offered several roles that are inside IR35, and long term contracts, circa 12 to 18 months, but with rather poor hourly rates, (not daily because I think they work a 9 day fortnight). Basically though, if you do the sums, you will be better off overall with a regular FTC salary contract with regular employee benefits Ah well, the search continues And if I don't hear back from anyone re an application, then I will go with someone else..... Thanks for reading as always Cheers R

In a market where cost-of-living concerns are top of mind and job security highly sought after, more employees are choosing to stay with their current employer after receiving a counteroffer when they are on the cusp of resigning. 💼 But why aren't counteroffers an effective long-term solution? 🤔 See Robert Half's full research👇🏻 https://bit.ly/3TPUjFX #research #counteroffers #retention #jobmarket

More employed job seekers are expressing fears about losing their job before finding a new one, which could indicate growing perceptions that the job market is becoming more competitive, according to the results of an Aug. 6 Express Employment Professionals-Harris Poll survey. #humanresources #hr #jobsearch #layoffs

In a market where cost-of-living concerns are top of mind and job security highly sought after, more employees are choosing to stay with their current employer after receiving a counteroffer when they are on the cusp of resigning. 💼 But why aren't counteroffers an effective long-term solution? 🤔 See Robert Half's full research👇🏻 https://bit.ly/3TSu4P8 #research #counteroffers #retention #jobmarket