Plant Closing

Mike: I hope your weekend was a good one and welcome to The Layoff List. Monday brought us the following job related economic reports: Housing Market Index, which showed further weakness with an “unexpected” decline of 15 from May’s 16, and  Empire State Mfg Survey, which came in at -9.41 and that was a worse reading than the […]

Continue reading about June 15 – NY manufacturing slump deepens in June – Housing Market Index falls “unexpectedly” – Cisco and Alcatel oppose ‘Buy American’ broadband requirements – Dallas to layoff 700? – US Airways to cut 400 flight attendants – USPS considering “tens of thousands” more job cuts

Mike: I hope you are all having a good weekend. I fixed the rss feed problem, so all should be back to normal. I had added a plugin that made the rss crash, whhich has since been removed. Today we had Consumer Sentiment come in at an improved 69 from May’s 68.7 (U.S. Michigan Consumer […]

Continue reading about June 12, 13, 14 – Over 1500 Chicago city employees to get layoff notices – Massive layoffs coming to MySpace? – Cessna plans 1300 more layoffs – Banks to repay TARP to avoid executive compensation limits – Hella to dump 400

Mike: As with most Thursdays, the weekly jobless claims number is the big news. Today saw a reduction of claims to 601,000, which is still a very high number, but an improvement from the previous week. The markets seem excited by unemployment remaining above 600,000, but then all news is good news of  late.  The […]

Continue reading about June 11 – Jobless claims decline to 601,000 – Continuing claims reach another record at 6.82 million – Michigan unemployment at 23.4%? – U of Iowa Hospitals to cut 200+ – Another 1600 gone at American Airlines – UTStarcom to cut 2,300