Mike: Good weekend to all. First let me start with the news that The Layoff List will be changing locations. Over the next month I am going to transition from http://layofflist.wordpress.com/ to http://www.layofflist.org/. The reasons for the move: Better performance: http://www.layofflist.org/ will load more quickly on your PC or other device. Easier to read: http://www.layofflist.org/ […]

Continue reading about March 7, 8 – Weekend Edition – Opel threatening to dump 11,000 – 1,000 lose jobs at Stanford Financial – Freightliner confirms 500 more layoffs – Sprint disconnects 2000 workers in KC – More about the COBRA subsidy – The Layoff List is moving

Mike: Hello to all. Today’s much anticipated monthly Employment Situation number will show the extent of job losses and indicate whether the job market is improving or continues to deteriorate. The consensus is that the unemployment rate will increase from 7.6% to 7.9%. As i have mentioned on this site repeatedly, those numbers don’t adequately […]

Continue reading about March 6 – Unemployment bolts to 8.1% – Gulfstream to furlough 1,500 – UK’s WPP to cut 2,000 – Komatsu America dumps 245 in Canada – Covidien ends 250 jobs – M&T Bank To Lay Off 521 – Deere cuts another 3251 – Deere cuts another 325

Mike: Today’s big economic number is Jobless Claims, which will be released at 8:30. The consensus is a reduction in claims to 650,000, which is less than last week’s number of 667,000. The experts have been wrong about the upward trend for the past six months,so don’t be surprised if they are again wrong on […]

Continue reading about March 5 – Jobless Claims Fell 31,000 to 639,000 – 14,000 less (5.11 million) receiving unemployment benefits – General Dynamics plans 1,200 layoffs – Northrop will cut up to 750 – Borders closes the book on 742 – GM dumps another 300 – Doubts of GM surviving