John Challenger Quotes on Unemployment (4 Quotes)

The good news for displaced workers as well as for the economy is that the jobs that are being affected the most by downsizing are still in demand, ... This is why the unemployment rate has not increased at nearly the same rate as job cuts.

The service sector is holding this economy together, but there are signs it's beginning to deteriorate. As those companies begin to cut back, we're going to see increasing unemployment, and consumer spending... is likely to get much worse, and that's going to create higher unemployment.

Unemployment has been dropping steadily, and we're nearly back into the territory of the late 1990s when there was a war for talent.

Unemployment has dropped to the 5 level, turning this into a sellers' market. People are more in demand, and companies are having a hard time finding people. If someone decides to go out on their own and it doesn't work, they can go back to another job. They aren't going out on their own in the middle of a period where the economy is in tatters.