Mike: Thursday’s much anticipated Jobless Claims report shows that fewer layoffs occurred last week. My 602,000 jobless claims estimate from yesterday’s post was fairly close to the reported number. Since I work on this quite a bit each day, I start to see some trends on occasion. As a cautionary note to this week’s improved number is […]

Continue reading about May 7 – Jobless claims fall to 601,000 – Record continuing unemployment claims at 6.35 million – DuPont to lay off 2000 – Severstal to cut 1900 – Cub Cadet eliminating 480 – GM preparing for new job cuts

Mike: A relatively busy day for layoffs and economic reports that seemed to be taken as a positive for the day. What was bad news last monthis taken as good news this onth, as far as the market is concerned. I hope you are all making money during this time of positive news, but don’t get complacent. Till tomorrow and […]

Continue reading about May 6 – Microsoft keeps chopping: 1200 gone in WA – Fiat denies report of 18,000 job cuts – eBay ending 700 call center jobs – Trinidad Drilling cuts > 500 – Mortgage applications up from previous week – Challenger Report: Fewer job cuts in March, but up 47% from last year

Mike: Thanks for visiting The Layoff List. The layoff announcements are surprisingly light this AM and I hope it stays that way. Today brings us retail sales numbers (ICSC-Goldman Store Sales,  Redbook) and the ISM Non-Mfg Index  report, which is a business activity index.  Bank stress test results are due on Thursday, but the government is […]

Continue reading about May 5 – More Microsoft layoffs? Yes, Microsoft cuts up to 3000 more – Diebold to dump 300 – Banks stress tests: fact or fiction? – Fiat alliance could cost 18,000 EU jobs – Linde to Eliminate 3,000 EU Jobs – Adidas to chop 1000 – Amylin to cut about 200 – Wells Fargo starts big layoffs – Ford Michigan Truck may add 1,500 jobs