The news

Retail holiday forecast.
As the holidays approach, consumers and employers are beginning to look at predicting factors like the September Retail Report to determine potential changes in the economy and employment. Some experts and larger companies are predicting slight growth during the holiday season, while some are anticipating numbers similar to or worse than last year.
our analysis

Graying of the workforce.
As the recession impacts the retirement plans of Baby Boomers, analysts are predicting a “graying” workforce with a rise in the average worker’s age.
our analysis

Reduction in state and local jobs.
Recently, state and local governments have been reducing their workforce numbers as a result of tight budgets.
our analysis

CEO insight

“I would not encourage panic about this report. It's really not getting worse in most respects. We should see an end to job losses by the end of the year. I expect, in three to four months, we'll be talking about jobs being added.”
– Tig Gilliam, CEO, Adecco Group North America
CNN Money, 10/2/09