CEO Departures Begin 2020 at Record Pace
The number of U.S. chief executive officers who lost or left their jobs in January set a monthly record of 219, more than any other month since outplacement firm Challenger, ...Read Full Story »
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Tech Sector Job Cuts Soar 2,000% in January
Outplacement firm Challenger, Gray & Christmas on Thursday released its job-cuts report for January, showing that a total of 67,735 planned U.S. job cuts were announced in the month, more ...Read Full Story »
US Trade Deficit With China Has Cost 3.7 Million US Jobs
Since 2001, when China joined the World Trade Organization (WTO), U.S. trade with China has shifted from an annual surplus of $83 billion to a 2018 trade deficit of $153 billion. ...Read Full Story »
World’s Billionaires Worth More Than 4.6 Billion People
Oxfam published an analysis of the world's wealth. The data showed that the world's billionaires have more than 4.6 billion people--about 60% of the world's population. The billionaire count is ...Read Full Story »
Does a Massive Drop in Job Openings Warn That Solid Employment Has Already Peaked?
Each monthly Employment Situation report from the U.S. Department of Labor shows a broad measure of the jobs market. With unemployment previously reported at a multi-decade low of 3.5%, the ...Read Full Story »
A Record Number of Women Become CEOs in 2019, but Is That Good Enough?
While 2019 saw a new record total of women appointed as chief executive officers of U.S. companies, the percentage of women ascending to the top job actually declined. Last year, ...Read Full Story »
Will Trade Deal Bring Back Millions of Jobs Lost to China?
There is a widely held belief that as American companies turned to inexpensive manufacturing in China, millions of workers in the United States lost their jobs. This was particularly true ...Read Full Story »
Black Unemployment Rates Nearly 70% Higher Than National Average
Job growth slowed in December. Total nonfarm payrolls rose by 145,000 for the final month of 2019. The national unemployment rate was 3.5% once again, among the lowest levels in ...Read Full Story »
Super-Low Unemployment Comes With Some Unintended Consequences
There is one serious feat, considering that the recession is now a decade in the past. According to the U.S. Department of Labor, the United States has now gone 10 ...Read Full Story »
The Number One Jobs Issue in 2020: No Qualified Job Applicants to Be Found
While the initial Employment Situation report for December from the Bureau of labor Statistics has still not been released, it may not much matter in the job market whether the ...Read Full Story »
Record Number of US CEOs Left Their Jobs in 2019
The number of U.S. CEOs who left their jobs in December added to a record number of fourth-quarter departures, according to outplacement firm Challenger, Gray & Christmas. A total of ...Read Full Story »
Want to Lose Your Job to Automation? Move to Las Vegas.
If you live and work in Las Vegas, there is a one in three chance you will lose your job to automation. If you are replaced, it will be by ...Read Full Story »
Jobless Rate in This City Is Barely Above 1%
America has enjoyed its lowest unemployment in five decades as the national figure has fallen to 3.3% in recent months. According to new data from the Bureau of Labor Statistics, ...Read Full Story »
Jobless Rate In This City Tops 20%
The Bureau of Labor Statistics just released its unemployment numbers for America’s 389 metro areas for the month of November. The trend was generally positive. Unemployment for the month was ...Read Full Story »
2019 Job Losses Soar at Automakers, Manufacturers, Tech Firms
The outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for December. A total of 32,843 planned U.S. job cuts were announced in the month, a ...Read Full Story »
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