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Keyword: jobloss

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  • What jobs? BLS says 665,000 job LOSSES

    02/05/2016 9:41:02 AM PST · by Enlightened1 · 34 replies
    Washington Examiner ^ | 02/05/16 | Paul Bedard
    New Bureau of Labor Statistics shows that there were 665,000 jobs lost in January, a blunt finding that confuses the heralded report that 151,000 jobs were created in January in non-farm payrolls. But who got them? The very same BLS finds that jobs to "native born" and immigrant workers dropped. Ditto for men and women. It is possible that many employees took on a second job, according to analysts. But a difference of 816,000 is too big, one said. Same for the differences in the two surveys the BLS uses to gauge jobs, household data from the Current Population Survey,...
  • Prayer request for my Brother

    11/20/2015 6:08:30 PM PST · by Ouchthatonehurt · 65 replies
    today | self
    Please pray for my brother tonight as he checks himself into the hospital for alcohol abuse. He recently lost his job while at the same time celebrating the birth of his third child. He feels lost and inadequate.
  • The total number of federal jobs lost to sequestration? That would be… one.

    05/08/2014 6:55:22 PM PDT · by SeekAndFind · 8 replies
    Hotair ^ | 05/08/2014 | Erika Johnsen
    After Congress approved and President Obama subsequently signed into law the Budget Control Act of 2011 — complete with the provision that automatic spending cuts that came to be known as sequestration would kick in on March 1st, 2013 if the so-called “super commitee” failed to come up with more specific deficit reduction measures — we were treated to all kinds of warnings about how absolutely necessary it was that Congress learn to cooperate, because sequestration would be beyond devastating. Teachers and firefighters would start receiving pink slips; TSA lines at airports would grow to prohibitive lengths; the White House...
  • CNN Cuts, Reassigns 50 Employees Across News, Digital Divisions

    05/05/2014 6:32:51 PM PDT · by FreeAtlanta · 41 replies
    THEWRAP.COM ^ | May 1, 2014 @ 4:04 pm | L.A. Ross and Sharon Waxman
    Producers have the chance to be rehired – at lower salaries CNN cut or reduced 50 positions across multiple divisions on Thursday, changing roles and reducing positions and salaries across the board, a CNN executive told TheWrap. “There is essentially no head count change,” a network executive wrote in an email. “Fifty positions have been impacted. Roles will [be] changed.” CNN President Jeff Zucker met with newsroom reporters on Thursday to tell them the bad news, an insider told TheWrap. The cuts mainly affect news producers and managers, some of whom will be invited to reapply for new or “updated”...
  • EPA’s Climate Regulations Will Harm American Manufacturing

    03/07/2014 4:12:40 PM PST · by 1rudeboy · 35 replies
    The Heritage Foundation ^ | March 4, 2014 | Nicolas Loris and Filip Jolevski
    The Environmental Protection Agency’s (EPA) forthcoming climate change regulations for new and existing electricity generating units have been appropriately labeled the “war on coal,”[1] because the proposed limits for carbon dioxide emissions would essentially prohibit the construction of new coal-fired power plants and force existing ones into early retirement. However, the casualties will extend well beyond the coal industry, hurting families and businesses and taking a significant toll on American manufacturing across the nation. Congress should stop the EPA and all other federal agencies from regulating carbon dioxide and other greenhouse gas emissions. Driving Energy Prices Up, Economic Activity Down...
  • (Chicago) City Council cuts off puppy mill pipeline

    03/06/2014 9:52:30 AM PST · by fulltlt · 19 replies
    Chicago Sun Times ^ | 3/6/2014 | Chicago Sun Times
    The City Council moved Wednesday to cut off the pipeline of puppies purchased in Chicago that come from for-profit breeders condemned as puppy mills. With downtown Ald. Brendan Reilly (42nd) casting the only dissenting vote, aldermen approved a somewhat watered-down anti-cruelty ordinance championed by City Clerk Susana Mendoza. It would limit the retail sale of dogs, cats and rabbits at Chicago's 16 pet stores to those animals that come from shelters and humane adoption centers. ... "As a person who grew up with three dogs, I think it's the right thing to do. And I'm proud of the city and...
  • Wells Fargo cuts 700 mortgage jobs

    02/27/2014 5:50:54 AM PST · by 2ndDivisionVet · 16 replies
    The Minneapolis/St Paul Star Tribune ^ | February 27, 2014 | Jennifer Bjorhus
    Wells Fargo cuts 700 employees, including 203 in the Twin Cities, as demand for mortgages declines.Wells Fargo & Co. said Wednesday that it is cutting 700 employees, including 203 in the Twin Cities, as demand for mortgages continues to shrink. The San Francisco-based bank said it notified affected employees Wednesday, and that almost all of them work at the Wells Fargo Home Mortgage campus in south Minneapolis. Some work elsewhere in the Twin Cities. The cuts follow scattered layoffs in the Twin Cities in January in which Wells Fargo laid off fewer than 30 mortgage-related workers. “We currently expect mortgage...
  • Half of General Dynamics Lynn Haven Work Force Looking For Jobs, Again. (730 people)

    02/27/2014 5:53:03 PM PST · by FreeAtlanta · 18 replies
    WJHG.COM ^ | Updated: Thu 7:39 AM, Feb 27, 2014
    LYNN HAVEN, Fla. General Dynamics has sent letters to 730 of its employees at the ObamaCare call facility that they are being laid off. That's about half of the workforce at the facility in the old SalleMae facility at the Lynn Haven Industrial park. U.S. Rep. Steve Southerland, II of Panama City says the loss of 730 Bay County jobs is a stark reminder of America’s transformation into a part-time, short-term society. The Congressman told NewsChannel 7, " I am saddened that these hardworking men and women are paying the price for the Obama administration’s unyielding pursuit of a job-crushing,...
  • Brayton Point coal plant in Somerset to close, cut 240 jobs

    10/08/2013 11:27:44 AM PDT · by FreeAtlanta · 22 replies
    biz journals ^ | Oct 8, 2013 | Craig Douglas
    The Brayton Point Power Station, the largest coal-fired power plant in New England, is shutting down amid a prolonged slump in energy prices that is forcing power operators nationally to rejigger their budgets and seek out more affordable production strategies. The closure will result in 240 job losses at the Somerset, Mass.-based facility. Its owner, an affiliate of New Jersey-based private equity firm Energy Capital Partners, said in a statement that steps would be taken to mitigate the effects of the job cuts for Brayton Point’s former workers....
  • Chicago - CPS to lay off 2,113 teachers, staff; CTU calls it ‘a bloodbath’

    07/21/2013 1:31:22 PM PDT · by FreeAtlanta · 31 replies
    Chicago Sun Times ^ | July 18, 2013 | MITCH DUDEK
    Chicago Public Schools officials announced late Thursday that 2,113 teachers and other employees would be laid off Friday, largely due to a giant pension obligation increase that’s straining the system. “In fiscal year ‘14 we’re facing a historic deficit of $1 billion that is driven primarily by a $400 million increase in our annual teacher pension payments,” said CPS spokesman Becky Carroll. “Absent pension reform in Springfield, we have very few options available to us to close that gap, and that has resulted in bringing this crisis to the doorsteps of our schools.” Of those being laid off, 1,077 are...
  • Obama's Animal Barn

    06/21/2013 5:02:12 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | June 21, 2013 | John Ransom
    While many waited for Federal Reserve chairman Ben Bernanke to take the weight of the world markets on his Ivy League shoulders by declaring QE-4EVR-LOL!, the real economists at the Federal Reserve Bank in San Francisco came up with a more detailed explanation for the poor, dragging, sluggish U.S. economy. What they found will astonish you. And yes, this is a true story. “[D]espite all the attention federal spending cuts and sequestration have received,” wrote Brian Lucking and Daniel Wilson in the FRBSF Economic Letter, “our calculations suggest they are not the main contributors to this projected drag [on U.S....
  • Warnaco To Close; 208 Milford Jobs Cut (Connecticut)

    04/06/2013 12:11:13 AM PDT · by 2ndDivisionVet · 4 replies
    The Hartford Courant ^ | April 3, 2013 | Luther Turmelle
    Clothing maker The Warnaco Group, recently acquired by New York City-based PVH Corp., is closing its operations at 470 Wheeler's Farms Road in Milford in early June and is laying off 208 people in the process. The layoffs are part of 1,000 that PVH is making as it closes former Warnaco's offices in Florence, Italy; Duncansville, Pa.; Huntingdon, Pa.; New York City, and Hong Kong, in addition to Milford. PVH, which owns and markets the Tommy Hilfiger brand, announced in October it was acquiring Warnaco, whose brands included Calvin Klein and Speedo swimwear, and completed the $2.8 billion cash and...
  • Bank of America to lay off 469 in Newark office

    04/04/2013 9:28:58 AM PDT · by FreeAtlanta · 3 replies
    nj.com ^ | April 03, 2013 | Tom De Poto and Ed Beeson
    Bank of America said today it’s cutting 469 jobs from its mortgage servicing center in Newark as the number of homeowners delinquent on mortgage payments dwindles. Employees at the offices on the corner of Market Street and University Avenue were given the news last week. “We previously announced intentions to reduce the size of our mortgage servicing operations in line with the successful reduction of our portfolio of delinquent mortgage customers,” the bank said in an e-mailed statement last night. “Compared to peak levels in 2011, today we have fewer than half the number of customers who need the specialized...
  • Bank of America to Lay Off 1,320 Employees in Upstate New York

    04/03/2013 6:24:35 AM PDT · by FreeAtlanta · 10 replies
    Fox Business ^ | April 02, 2013 | Dow Jones Newswires
    Bank of America Corp. (BAC) is laying off 1,320 employees in upstate New York as it will exit a mortgage-servicing facility there at the end of May, according to a filing with the New York State Department of Labor. M&T Bank Corp. (MTB) is taking over Bank of America's Getzville, N.Y., mortgage-servicing facility and hiring about 600 Bank of America employees, a spokesman for the Buffalo, N.Y., bank said. He added M&T has about 400 openings in Buffalo and Bank of America employees can apply for those positions. Bank of America, the nation's second-largest bank by assets behind J.P. Morgan...
  • Detroit closing 50 Parks/Rec. Areas (schadenfreude)

    02/02/2013 1:59:55 PM PST · by FreeAtlanta · 16 replies
    NYT ^ | 02/01/2013 | ASSOCIATED PRESS
    Michigan: Detroit Closing 50 ParksDetroit will close nearly half of its parks and will reduce maintenance and services at dozens of others after the City Council passed on a deal that would have had the state operate the city’s Belle Isle park, Mayor Dave Bing said on Friday. Closing 50 of 107 parks will allow the city to keep running Belle Isle, a 985-acre park in the Detroit River, after the Council declined to vote on Gov. Rick Snyder’s proposal. Mr. Snyder’s offer called for the Michigan Department of Natural Resources to run Belle Isle as a state park, but...
  • WPS Health Insurance files notice of 451 layoffs in Monona, Madison and Wausau

    01/29/2013 4:03:59 PM PST · by FreeAtlanta · 7 replies
    Wisconsin State Journal ^ | 1/29/2013 | KAREN RIVEDAL
    Hundreds of job cuts stemming largely from the pending loss of two major federal contracts will begin soon at Monona-based WPS Health Insurance. WPS filed notice with the state Monday that 451 employees in Monona, Madison and Wausau would likely lose their jobs starting March 29. That includes 250 people in Madison and Monona, and 201 in Wausau, where about 300 work now. And there could be more job cuts coming. Founded in 1946, WPS is Wisconsin's leading nonprofit health insurer. It currently employs about 3,600 people, including some 2,500 in the Madison area. Read more: http://host.madison.com/business/wps-health-insurance-files-notice-of-layoffs-in-monona-madison/article_f0188544-69ad-11e2-96de-0019bb2963f4.html#ixzz2JPbqF3Hl
  • Layoffs at Kapolei Golf Club - Whatever will King Obama do?

    01/29/2013 3:54:21 PM PST · by FreeAtlanta · 12 replies
    khon ^ | 1/28/2013
    The Kapolei Golf Club laid off 14 out of 110 employed at the course recently. The employees were from various departments. "After careful consideration and full review of operations, we had to make the difficult decision of reducing our staff at Kapolei Golf Club," said Micah Kane, chief operating officer of Pacific Links Hawaii, in a statement. "This shift enables Pacific Links Hawai'i to operate at optimal efficiency and better provide the high quality of service that our customers have come to expect and solidify the future of our remaining employees. We do not anticipate any further staff cuts." Other...
  • Through The Wire: Reuters Layoffs (up to 3,000)

    01/26/2013 10:00:21 AM PST · by FreeAtlanta · 15 replies
    New York Observer ^ | 1/22/2013 | Kara Bloomgarden-Smoke
    Last week was a bleak one at Thomson Reuters, the financial news and wire service giant. According to sources, as many as 3,000 people were let go, out of approximately 50,000 employees around the globe. Most of the layoffs came from the financial sector—the sales, training and analysts’ divisions—but some were on the editorial side. “Yes, I can confirm there have been layoffs across Thomson Reuters today, including editorial,” Barb Burg, vice president and global head of communications at Reuters, told Talking Biz News last week. “Similar to efforts across the company, the Reuters organization is focusing attention on our...
  • 25,000 Nevadans to lose unemployment benefits without budget deal

    11/28/2012 4:49:59 PM PST · by redreno · 21 replies
    Las Vegas Sun ^ | Wednesday, Nov. 28, 2012 | 11:42 a.m. | By Cy Ryan (contact)
    CARSON CITY — An estimated 25,000 Nevadans will lose their unemployment benefits on Jan. 2 if Congress fails to reach a deal on the federal budget, state officials said. The state Division of Employment Security said today those people are receiving benefits under a federal program that extends state payments. Another 1,000 jobless will exhaust their regular state benefits each week thereafter and not be eligible for the extension, division Administrator Renee Olson said.
  • UDC Asks for $4 Million to Finance Layoffs (DC area)

    11/26/2012 7:12:36 PM PST · by FreeAtlanta · 13 replies
    nbcwashington.com ^ | Monday, Nov 26, 2012 | Brandon Benavides
    School plans to layoff 25 faculty and staff members The University of the District of Columbia is asking the city for $4 million to pay for the severance packages of dozens of professors and staff members it wants to lay off. UDC plans to lay off 25 faculty and staff members, and eliminate seven departments and two dozen majors. School officials say it's expensive to eliminate positions because of a strong union presence. The school already eliminated 30 positions. A university spokesperson said the school expects the city to pay for the severance packages because the city ordered UDC to...