Gary Punzi’s Post

Challenger SVP Andrew Challenger spoke to Elisabeth Buchwald with CNN about the increase in teens working this summer. “Teens may be helping out their own households in many cases, saving for the high cost of college,” Andrew Challenger, senior vice president of Challenger, Gray & Christmas, an outplacement and business research firm, said in a recent statement. He’s forecasting that 1.3 million teens will be employed this summer. That would amount to 300,000 more teen workers compared to last summer, but is still slightly below the average over the past decade. https://lnkd.in/eXP-hrCa #summerjobs #seasonaljobs #teenemployment #teenworkers

The latest #ChallengerReport is out: June saw a decline in job cuts, as well as a bump in hiring to the second-highest total of the year. Job cuts led by #consumer products, #tech, and #financial. Layoff trends over the last 10 years show companies announce job cuts primarily in the first half of the year. Prior to the last decade, large layoff announcements would bookend the year. hashtag #economy #layoffs #jobmarket #humanresources #leadership https://hubs.li/Q02FcZqs0

Challenger #CEO Report released today shows the number of CEO changes at U.S. companies fell 6% in May and is down 47% from the record-high 224 CEO exits recorded in the same month last year. May’s total marks the second time in 15 months that CEO exits were lower than the corresponding month a year earlier. “Companies are taking a breather on leadership changes as the labor market holds steady. Many companies are likely also taking a wait-and-see approach in this election year,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc. https://lnkd.in/gCFDwuiP #ceos #ceolife #leadershipculture #leadership #turnover #ChallengerReport #ceoinsights #csuite #csuiteleaders

Teens are working! According to Challenger with BLS data, companies hired 280% more teens this May compared to last. Teens are working at Great Recession-era levels. https://hubs.li/Q02DsW8y0

Strategies from Glassdoor's Head Strategist of Employer Brand to favorably shape reputation, when times are good and during challenging times. https://hubs.li/Q02DtMmT0 In this interview with Taylor Meadows, we explore the impact of employee experience (both positive and negative) on sentiment and reputation, and how to leverage tools and programs to your advantage to build a thriving employer brand.

Are we headed for a #bankruptcy cycle? Via Business Insider https://hubs.li/Q02Dc-HL0

S.F. Fed President believes technology creates more jobs than it steals. Will that be true with AI? Via San Francisco Chronicle #AI #jobs #economy #futurework https://hubs.li/Q02Dd1rN0

Via Inc. Magazine with Challenger data: "Among the 1,914 chief executive officers who left their posts in 2023, a total of 19 died on the job, according to the Year-End CEO Turnover Report from outplacement firm Challenger, Gray & Christmas cited in her column. The sobering statistic underscored the importance of preserving work-life balance from the top down." Addressing mental health and overall wellness across levels is crucial in our new remote/hybrid, post-pandemic era. #mentalhealth #workplace #wellness #culture #leadership https://hubs.li/Q02BJf000.

CGC found that success in both surviving the experience and thriving in the job search comes from five key elements and considerations, most effectively delivered by #outplacement firms. Find out what they are in this great piece with our Toni Thomas #HR https://hubs.li/Q02Cd4RG0