Mike: Jobless Claims will be the news of the day. * The Labor Department said Thursday that first-time claims for unemployment insurance rose to a seasonally adjusted 652,000 from the previous week’s revised figure of 644,000. That is slightly above analysts’ expectations. The total number of people claiming benefits are up 122,000 to 5.56 million, […]

Continue reading about March 26 – Jobless claims rise to 652,000 – Continuing claims at record 5.56 million – IBM to cut 5000 jobs in US, moving 4000 to India – GM: 6000 UAW accept buyouts – Agilent to chop 2,700 – Heidelberger trims 2,500 more jobs – University of Alabama to dismiss 1,000 – Hundreds lose jobs at Disney World – Plantronics to cut 670

Mike: Hello to all and thanks for visiting. – Mike: Below is another one of those school board decisions that make me shake my head. The school board must be completely clueless to the impression that a move like this makes on its constituents, they are in the hip pocket of the superintendent, or they […]

Continue reading about March 25 – NY Governor orders 8,900 layoffs – BJ Services has cut about 1,500 jobs – HSBC to cut 1,200 UK jobs – CBC chops 800 – Shaw closing yarn plant doors on 600 – Postal chief: Our situation is critical – IBM to shift services unit jobs to India and cut 5000 jobs

Mike: Good day to all. Today proved to be a milder day for layoff announcements. The report of Schlumberger’s 6000 layoffs was the big news of the day, but we’ll wait for confirmation from additional sources to get the exact number. Unemployment is still going to bean issue moving toward any kind of recovery, but […]

Continue reading about March 24 – Report: Schlumberger cutting another 6,000 jobs – Leoni cuts 4,000 jobs – Hospira to eliminate 1,450 – Lionbridge erases 325