Plant Closing

Mike: Good day to all. Yesterday was GM bankruptcy day and the death of another American icon. The job loss carnage of both the Chrysler and GM bankruptcies will be felt for years to come as hundreds of thousands of decent paying auto related jobs end and are replaced with lower paying  jobs. Maybe the […]

Continue reading about June 2 – Pending April home sales rise 6.7%: most since 2001 – S.F. budget cuts 1600 jobs – Layoff notices to 1100 in Chicago – Deere dumps 494 in Ottumwa

     Mike: I hope you are all able to read my posts without using a scroll bar. I noticed that when using IE and IE based browsers that a scroll bar shows on the site and I’m trying to find out how to get rid of it. When using Google Chrome, which is my choice, […]

Continue reading about June 1 – GM bankruptcy cuts: 21,000 jobs (7900 this year), 2600 dealers and 14 factories – Opel sale could cost 11,000 EU jobs – Rexnord has cut 1300 since Oct-08 – Metaldyne cuts nearly 400

Mike: A very light layoff announcement day for US this Friday. I can’t recall a quieter Friday, so that’s the good news. I’ll be in the great outdoors this weekend, so updates will not occur from Saturday morning at 10:00 until Sunday evening at the earliest. I need a little back to nature time. On […]

Continue reading about May 29, 30, 31 – GDP falls 5.7% – Chicago PMI weakens “unexpectedly” – Consumer sentiment rises in May; better times seen – 9,000 jobs lost in Polish shipyards – St. Louis schools to eliminate 350 – GM Union ratifies agreement that may ease bankruptcy