Laid Off

Mike: I hope your weekend went well. There is little economic news to report today, so I’ll just let the news speak for itself today. Sorry about posting this late, but I had a dental appointment that kept me from doing much of anything this morning. More on that later…… Mike: Considering the below story, […]

Continue reading about May 11 – Dell cuts 260 NC jobs – UK cuts 7000 coucil jobs in 6 months – Dassault cuts US and FR jobs

  Mike: Best of Friday to you all and thanks for visiting The Layoff List. Today’s monthly jobs report came in better than expected at 539,000 for job losses, but the unemployment rate still increased to 8.9%, which is the highest recorded since September 1983. The article below has a number of points that factored […]

Continue reading about May 8, 9, 10 – Employers “only” cut 539,000 jobs in April – Unemployment rate spikes to 8.9%, the highest since 1983 – Severstal trims 3,100 – ThyssenKrupp to cut 2,000 – 1,300 Medtronic jobs coming to Alamo City – Tyler Refrigeration chops 500

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