Chicago Teachers’ Strike Heads into Third Day
Parents – mothers and fathers are marching with the teachers, while other parents honk their horns, showing their encouragement from cars as the Chicago teachers strike moves into its third day. However, some are wondering whether parents will continue to support teachers if students are unable to attend school in coming days or weeks. The strike, More...
Job Growth Shows Little Improvement in August
Federal Reserve Chairman Ben Bernanke described the labor market’s stagnation as a “grave concern” a week ago, raising expectations among economists that the U.S. central bank would pump more money into the More...
Survey: Post-Recession Engagement Efforts on the Rise as Most Employers Seek to Boost Employee Engagement
By Challenger, Gray & Christmas, Inc. CHICAGO, August 13, 2012 – Even as employers appear reluctant to ramp up hiring, a new survey shows that the majority are committed to retaining the workers they have More...
July CEO Turnover Lowest for 2012
By: Challenger, Gray & Christmas, Inc. CEO Changes Drop From 2011 with 83 in July CHICAGO, August 8, 2012 – Departures among chief executive officers fell to the lowest level of the year in July, as 83 leadership More...
Job Cuts Decline for Second Month in Summer Lull
By Challenger, Gray & Christmas, Inc. July job cuts total 36,855; lowest of the year. CHICAGO, August 2, 2012 – Planned layoffs declined for the second consecutive month in July, as employers announced job More...
The United States Postal Service has Finally Run Out of Money
USPS confirmed that it won’t make a required $5.5 billion payment due tomorrow to the U.S. Treasury for future retirees’ health care, unless Congress intervenes with a bailout. The postal service has said for More...
U.S. Jobless Claims Fall
The number of Americans filing for unemployment benefits fell for the fourth time in five weeks; however, data remained volatile amid the slowdown in factory activity. In the week ending July 21, initial claims More...
Cisco to Lay Off 2 Percent of Staff
Cisco Systems Inc. announced Monday that it would lay off about 1,300 employees, or 2% of its global workforce as the networking giant continues its efforts to simplify the company and cut costs to boost profits More...
Labor Market Signals Modest Job Growth
The number of Americans filing new jobless claims surged last week, increasing doubts about the economy’s health. In the week ending July 14, applications for benefits increased by 34,000 to a seasonally adjusted More...
Yahoo’s CEO Marissa Mayers Faces Major Role With a Baby on the Way
Mirissa Mayers, who was named President and CEO of the struggling Internet giant Yahoo, says she recently worked 90-hour weeks at Google, attending about 60 meetings a week. Now, her new role will include motherhood More...
