Cut Jobs

Mike: Wednesday is a quieter economic report day, but the MBA Purchase Applications report follows yesterday’s Housing Starts report, which showed some improvement from April’s record low. Unfortunately, the  MBA Purchase Applications report wasn’t the follow-through that many had expected. Purchase and refinance applications both fell as the U.S. mortgage applications plunge to near seven-month low report shows. […]

Continue reading about June 17 – Mortgage applications fall again – Michelin flattens 2800 jobs – 230 Lodi Unified workers to lose jobs – MTA reform to yield 300 job cuts – WSU cutting 360 jobs – 500 cuts at U of Tennessee

Mike: Plenty of reports dot the economic landscape this Tuesday. My guess is that the Housing Starts report will garner the most attention from both the green shoot and yellow weed crowds. The Producer Price Index and Industrial Production are also going to show the direction of the economy. I had to look around for a housing starts […]

Continue reading about June 16 – Housing starts improve from April’s record low – Credit cards ready to make deals to settle accounts – German E.ON may cut 9000 jobs – Lockheed sends 535 layoff notices, may cut 750 – MySpace cuts 420

Mike: I hope your weekend was a good one and welcome to The Layoff List. Monday brought us the following job related economic reports: Housing Market Index, which showed further weakness with an “unexpected” decline of 15 from May’s 16, and  Empire State Mfg Survey, which came in at -9.41 and that was a worse reading than the […]

Continue reading about June 15 – NY manufacturing slump deepens in June – Housing Market Index falls “unexpectedly” – Cisco and Alcatel oppose ‘Buy American’ broadband requirements – Dallas to layoff 700? – US Airways to cut 400 flight attendants – USPS considering “tens of thousands” more job cuts