Mike: While I’m a bit tired of having to post bad news on a daily basis I’ll start the weekend with some sunny news for a change, since it looks like a bright and warming weekend for us winter-weary upstate NYers. A After further review, it looks like the news isn’t as rosy as I’d […]

Continue reading about March 14, 15 – Weekend Edition – How about some good news for a change? – Reality bites, but here it is – Roche to lay off 500 in Palo Alto – AIG to cut future bonus payments, but will hand out $165 million in taxpayer funded bonuses today! – Homeless in Sacramento

Mike: Happy Friday the 13th to all. In these economic times it’s job loss that you have to worry about, not the black cat. Today ended up being a relatively quiet day for larger layoffs, but that’s no consolation to those who did lose their jobs this day. Mike: First let me say that I […]

Continue reading about March 13 – Grandstanding Texas gov. rejects unemployment stimulus money – Sportsman’s Warehouse ends 2000 jobs – Roche-Genentech chops 1,500 N.J jobs – Sunoco cuts 750 salaried jobs – SAP dumps up to 2600 – Advanced Energy spins 330 layoffs

Mike: Good day to all. Today’s big news comes from the labor department at 8:30 and that is the Jobless Claims number, and here it is: WASHINGTON (MarketWatch) — Signaling persistent labor market weakness, the number of workers filing initial claims for state unemployment benefits rose 9,000 to a seasonally adjusted 654,000 last week, the […]

Continue reading about March 12 – Jobless claims rise 9,000 to 654,000 – Record 5.3 million collecting unemployment – PPG exits 2,500 – US Hexion to slash about 1000 – Methode Electronics dumps 850 and moving jobs off shore – Dell continues job cuts – Bronco Drilling Lays Off > 600 – Bausch & Lomb eyes 500 cuts – Foreclosures up 30 percent in February – Chrysler threatens to pull out of Canada