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 John Challenger - “Generation Y wants more meaningful work and is looking for more give-and-take from their employers. They want a lot of responsibilities and also to do work that is interesting to them.”
 John Challenger - “Businesses give a higher priority to profitability and earnings.”
 John Challenger - “The Asian situation has been a real driver and should continue into 1999, as companies scale back their growth plans,”
 John Challenger - “Pay raises have been paltry since 2001. Since 2001, wage growth has been muted because productivity has been so strong.”
 John Challenger - “These sectors may continue to see high chief executive turnover in light of what will most likely be categorized as a lackluster holiday shopping season.”
 John Challenger - “Poverty and hunger are rapidly becoming a workplace issue... if for no other reason than the fact than an employee who is worried about where his or her next meal will come from is not going to be very productive.”
 John Challenger - “Consumers are said to have more income (including the Bush tax cut), but are spending less. That may be the strongest indication that recovery from the current situation may be longer off than Wall Street analysts expect.”
 John Challenger - “American companies, with very few exceptions, have to now compete internationally. They need to tap into the global market. And if you want to sell to India, there's no better way than having a well-stocked office there.”
 John Challenger - “Job cuts are likely to continue in the telecommunications industry, which is still not able to see the light at the end of the tunnel,”
 John Challenger - “This may not mean that telecom is the weakest of the technology industries, but it is clearly the most volatile. While some areas in this industry are consolidating, others are expanding.”
 John Challenger - “This may not mean that telecom is the weakest of the technology industries, but it is clearly the most volatile, ... While some areas in this industry are consolidating, others are expanding.”
 John Challenger - “Companies, through their downsizing, continue to take the steam out of the wage inflation engine by cutting people when the pressure gets too high.”
 John Challenger - “Companies, through their downsizing, continue to take the steam out of the wage inflation engine by cutting people when the pressure gets too high,”
 John Challenger - “There's no difference sending work from San Francisco to San Jose over the Internet than sending it from Bangalore to San Jose over the Internet, ... So there is going to be declining pay for technology workers in a global marketplace.”
 John Challenger - “Many of the weakest firms no longer exist, and those once considered the titans of the Internet are trimming payroll and other costs to the bare minimum.”
 John Challenger - “Now, ... it appears that companies are disregarding the fact that serious labor shortages persist, and are deciding to trim their workforces after a merger or acquisition.”
 John Challenger - “The labor market is starting to look more and more like the one we experienced in the late 1990s. Companies are undoubtedly reluctant to increase their costs, but it has become necessary to boost salaries and special benefits in order to attract and retain the top talent.”
 John Challenger - “These ... factors are going to keep hiring from taking off in 2004. Job seekers certainly should not expect to see a repeat of the tremendous job expansion of the mid-to-late 1990s.”
 John Challenger - “Unemployment has been dropping steadily, and we're nearly back into the territory of the late 1990s when there was a war for talent.”
 John Challenger - “It may seem as if the light at the end of the economic recovery tunnel keeps getting farther away, but our research has shown that there are opportunities for the growing numbers of Americans who suddenly find themselves unemployed,”
 John Challenger - “We certainly are not out of the woods yet, ... Last year at this time, declines in November and December gave way to a more than 86,000 job-cut surge in January.”
 John Challenger - “Some expect CEOs to be chained to the desk. Most put in 12 or more hours a day, often working seven days a week. But we should want leaders in high-pressure situations to have time to decompress.”
 John Challenger - “It is clearly a seller's market. There has probably never been a better time to be looking for a job, especially for those seeking positions in industries that require highly specialized knowledge and skills.”
 John Challenger - “It is clearly a seller's market, ... There has probably never been a better time to be looking for a job, especially for those seeking positions in industries that require highly specialized knowledge and skills.”
 John Challenger - “They are often geared at workers whose skills are obsolescent, out-of-date or minimal, especially if their skills seem to be in a condition that they may have a hard time finding a job.”

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