Layoffs
Mike: The Jobless Claims report shows that: The number of Americans filing claims for unemployment benefits fell last week to the lowest level since January, depressed by shifts in the timing of auto plant shutdowns. Initial jobless claims dropped by 47,000 to 522,000, lower than forecast, in the week ended July 11, from a revised 569,000 […]
Mike: Good day to all. Today is starting out with some bad news on the layoff front, as this blog’s headline suggests. Must be the corporate leaders are getting back from their extended July 4 breaks and are ready to get back to downsizing. There are a couple of defense related layoffs with the Boeing […]
Mike: My job has been a little easier so far this week with the reduced number of layoff announcements, which may be an indication that there’s a slowdown in layoff activity, at least in the short-term. These’s plenty of retail economic news out there today and it’s a very mixed bag. I’ll let the people […]