Shit hitting the fan! Illinois, New York, Pennsylvania economic Failed States! HP accelerates mass layoffs! : U.S. Job Losses & Closings 27 February 2016

Incomplete list of job loss announcements and shutdowns.

California: Palo Alto based Hewlett Packard (HP) changed its plan to eliminate 3-thousand jobs!  Originally they were going to spread the job culling over three years, but now the economy is so bad they will dump all 3-thousand jobs by the end of this year!!! In Modesto, Memorial Medical Center eliminating 96 jobs by the end of April claiming lack of money, and despite advertising that they have 1-hundred vacant positions to fill!   In Los Angeles, employees of bankrupt American Apparel walked off the job: “They are laying off workers, cutting out their hours, their pay and their rights, and now they can no longer afford living!”-Stephanie Padilha, employee

Colorado: Englewood based Sports Authority adding their Denver warehouse to recent store shutdown announcements.  72 distribution jobs lost by the end of April.  Sports Authority recently defaulted on a massive interest payment and announced it must shutdown 140 stores!

Connecticut:  Without warning two Shoreline Health & Fitness gyms shutdown last night!  The owners would only say they’ve “sold off their assets” and to contact state authorities for refunds!

Florida: U.S. Department of Justice accusing Herard Tax Services of preparing fraudulent tax returns.  Investigators say the false tax filings have cost U.S. taxpayers millions of dollars since 2009.

Georgia: Duluth based computer company NCR moving jobs out of Peachtree City, to Ohio and Texas.  Local news reports say as many as 1-thousand 2-hundred Peach State jobs affected!

Illinois: Chicago State University has warned all 9-hundred employees of impending layoffs due to ‘lawmakers’ failing to create a new budget!

Michigan: After 45 years Bacchus Wine & Spirits shutdown: “We were given an offer to buy the license, the building and the land that was enough to make it worth it.”-Dean Caplan

Mississippi: United Artists Clinton Center 10  in Clinton and  United Artists Northpark 14 in Ridgeland being shutdown by the owner.  Local news reports gave no reason, but it should be noted that the owner is a property developer.

New York: The state ‘lawmakers’ have failed to come up with a new budget, but promise to somehow pay SolarCity GigaFactory contractors $80-million USD!  Contractors Quakenbush just laid off 122 people, and Mader Construction laid off at least 75,  due to not being paid by the Failed Empire State!  The Riverbend site in Buffalo was employing 1-thousand people, but local news sources say failed ‘lawmakers’ haven’t paid the contractors since November 2015!!!  NYC based Too Big to Jail JPMorgan Chase revealed they expect their investment-banking revenues to crash by 25% just in their 1st quarter of 2016! In Hamburg, God powerless to stop the shutdown of ‘his’ Immaculate Academy.  It’s blamed on lack of students, “changing realities within the congregation” and only one Nun on staff.  The Smithtown Board of Education forced to shutdown Branch Brook Elementary School by 2017.  Administrators revealed that student enrollment has been declining since 2009.   The restaurant known for having its walls plastered with autographed dollar bills, 69 Bayard Restaurant, shutdown with no explanation.  Local news said the restaurant has a history of changing owners frequently.

North Carolina: News reports out of India say Too Big to Jail Charlotte based Bank of America is preparing for “significant” job cuts around the world, more than 5% of its workforce.

North Dakota: In Bismark, Box Office Video shutting down by mid-March.  However, don’t blame internet streaming, the owner said in the past year rentals actually increased, but her rent is about to increase as well (that’s why she’s shutting down).

Ohio: Wood basket maker Longaberger shutting down their iconic basket shaped Newark HQ.   The company can no longer afford the property tax and is moving to a cheaper location.  News reports say the company hasn’t paid their property tax and the county is about to foreclose.  Also, the basket shaped HQ once employed 5-hundred people but as of last year there were only 68 employees left! 

Oregon: In Portland, after 23 years The Celtic Corner shutting down, the 83 years old owner says he’s finally ready to retire!

Pennsylvania: Penn State University warned all 1-thousand 1-hundred Ag Ex employees of mass layoffs, due to the failed state ‘lawmakers’ failing to pay the 2015-16 agricultural extension subsidies!  For proof of Failed State-ism, news sources are reporting that some ‘lawmakers’ have revealed that tax revenues are so tight they must choose between funding higher education and grade schools!

Virginia: After 64 years Nationwide Insurance about to complete its exodus from Lynchburg, a total of 340 jobs lost!  The property was sold to Liberty University, who claims they will set up a internet based ‘distance learning’ operation in the former insurance building.

West Virginia: The Cross Lanes Fruth Pharmacy shutting down by the end of April, 14 jobs lost due to lack of drug sales.

WARN=Worker Adjustment & Retraining Notification

26 February 2016: “That’s a lot of people getting hurt!”

Former employees who receive severance are not counted as unemployed

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”