Factory Closing

Mike:  Tuesday is a rather quiet day for economic reports and layoff announcements so far, so I’ll get on to the news of the day. Since I’m running a little late today and don’t have time for commentary right now, I’ll urge you to take a look at the following article that includes part-time workers [...]

Continue reading about July 7 – Drought causes job loss in CA – Consumer loan delinquencies rise again – Ikea to cut more jobs – Will 800 PA state workers get the pink slip?

Mike: The holiday weekend is behind us and a full week of unemployment news begins.

This morning I was browsing the news and came across these little stories that got my head a shakin’.

“A second stimulus should be the one they should have done the first time, something that is relatively fast and thoughtful,” said Phillip [...]

Continue reading about July 6 – Both political parties are clueless about unemployment – BASF to cut 3700 jobs – Oracle to cut 1,000 jobs in Europe – Caraco slashes 350