Weekly Jobless Claims

Mike: A couple readers have asked if I can add layoff rumors or announcements that miss the general news media reports. I’d be glad to offer that option, but I’ll need your input to make that happen. If you know of any layoff news or rumors that you  would like posted, feel free to either […]

Continue reading about January 29 – 588,000 file new unemployment claims – Actual unemployment 18%? – Kodak pictures 4500 less jobs – AstraZeneca to dissolve 7400 jobs – 2000 more jobs gone at Cessna – Black and Decker cuts 1200 – Ford Credit less 1200 jobs – Bon-Ton strips 1150 of jobs – Hershey kisses 150 goodbye – Toshiba deletes 4500 temps – IBM continues cutting jobs – 3M plans more layoffs

   Mike: Good day to all. Today’s much anticipated news will likely revolve around earnings releases from Microsoft and Google, as well as the  Jobless Claims  numbers.  Yesterday, a few earnings reports were better than expected, as in the case of Apple, but the layoff announcements didn’t slow their brutal pace. If today’s earnings news and the  Jobless […]

Continue reading about January 22 – Jobless claims rise to 589,000 – Tyco cuts 2500 – Intel: up to 6000 jobless – 2000 more gone at GM – Huntsman releases 1175 – Nokia slams 1000 – OHSU trims 1000 – UAL to discharge 1000 – How many jobs cut at IBM? – Microsoft to layoff 5000 – Eaton to chop another 3200 – Yahoo to end 3000 jobs? – SUN sets on 1300 jobs – F5 minus 7% – Black day for 200 at Black Box

Mike: Good day to all. Today’s big jobs report is the Jobless Claims numbers, which is released at 8:30 Eastern. The expected results are 500,000 new claims with a range of 442,000 to 700,000. The below graph shows jobless claims over the past two years: Mike: Here are today’s job related announcements: Microsoft and IBM […]

Continue reading about January 15 – 524,000 new jobless claims – Google sheds 100 – Sanyo cuts 1200 – 2000 less at Delta – 750 lose jobs at Autodesk – 2000 gone in TN? – DOW dumps 500 in TX – GE Aviation downs 1000 – Seagate’s total now 3000 – MeadWestvaco dumps 2000 – Roche swallows 780 – Xerox starts it’s job chop