Economic

Mike: Due to a problem with my page layout, the “Previous entries” link is at the top of page 1 and not at the bottom where it belongs. I hope to fix that soon, but I need to find someone that’s wiser to this than I am. Sorry for the inconvenience.  Due to the holiday […]

Continue reading about May 22, 23, 24 – LA schools avert 3,700 layoffs with federal funds – Opel to cut about 10,000 “only” – Banks could make out like bandits (again) – Filene’s Basement may cut 1600 – GM planning to cut at least 4400 more North America salaried jobs? – Feds: $50 million for green job retraining

Mike:  Today proved to be a lighter day for layoff announcements than we’ve become used to of late. No massive job cuts, but still plenty of smaller cuts that add up. My guess of 651,000 layoffs was high, but let’s see what the revised number is next week to see if it is again raised, […]

Continue reading about May 21 – Jobless claims drop by 12,000 to 631,000 – Continuing claims at record 6.66 million – Axcelis Technologies cuts 235 – Autodesk plans to cut 430 – KeyCorp eliminating more than 300

Mike: Good day to all and welcome to another week of The Layoff List.  The only notable bit of economic news this day is Housing Market Index, which bounced last month from historically low readings. An improved housing market can lead to improved employment, especially in construction and building materials. With the buying season in bloom, […]

Continue reading about May 18 – GM/Chrysler dealership closings could cost 160,000 + jobs – GM wants to import more foreign made vehicles – USPS has cut 25,000 jobs this year – Alliance Boots to Cut 1,500 – Harley-Davidson to chop another 400 – LSU cuts 300 hospital jobs – Homebuilder sentiment up in May – How stressed is your county? – American Express slashing 4,000 jobs