“That’s a lot of people getting hurt!” Connecticut officially an economic Failed State? : U.S. Job Losses & Closings 26 February 2016

Incomplete list of job loss announcements and shutdowns.

Arkansas: Bentonville based Walmart eliminated an undisclosed number of HQ IT jobs, saying “…It’s something we’ve done before and will continue to do, just like any technology business.”  In other words, this round of layoffs were not part of their bigger plans to shutdown stores and eliminate thousands of jobs.

California: More proof you brick-n-mortar store owners can’t directly blame the internet/high tech for your demise; insurance software company Zenefits eliminated 250 jobs without warning, saying the bad economy is forcing them to “refocus”!  San Francisco based interactive entertainment company Kabam revealed how many jobs they are about to kill; at least 76 jobs lost by the end of March.  Boeing continues to issue mass layoff WARNs, this time 92 jobs across three cities gone by mid-April.  What automotive industry recovery? Affinia Brake Parts issued a new layoff WARN saying 111 people will lose their jobs at the Chowchilla factory, by mid-April!  That’s on top of the 43 jobs Affinia eliminated this month.  In Yountville, event eatery to the elites The Pavilion at The Vintage Estate issued a mass layoff WARN, 326 jobs lost by mid-April!  TGI Friday’s shutting down their Laguna Niguel restaurant, 51 jobs lost by the end of April.  New York based clothier BCBG Max Azria Group eliminating 71 jobs in Vernon, by the end of April.  It sounds like a shutdown, but the WARN listing says “layoff”.   In Hayward, Mallinckrodt Pharmaceuticals shutting down by the end of July, 43 jobs lost.  Right wing news media outlet Freedom Communications issued a mass layoff WARN for their Santa Ana operations, 969 jobs lost by the end of March!  Maslow Media issued layoff WARNs, 38 jobs across three cities lost by mid-April.

Connecticut: As I’ve written before crashing tax revenues are a sign of a depression. State tax collections are crashing and burning according to the state Office of Fiscal Analysis.  The current budget is now short $266-million USD, while the planned budget for next fiscal year is already short $900-million!  

Florida:  Basketball star Vince Carter shutting down his six years old Daytona Beach restaurant.  Employees found out on Wednesday that they’ll be unemployed tomorrow!

Illinois: American Coal revealed they’ve eliminated 101 jobs at their Galatia mine, last week!

Indiana: In Schererville, Sears Hardware shutting down in April.

Iowa: In line with recent warnings, farm vehicle maker Deere (John Deere) eliminating an additional 1-hundred jobs at factories in Davenport and Dubuque!   And in Dubuque, after five years Crust Italian Kitchen & Bar shutting down tomorrow, 30 jobs lost.  The owner said she was offered a better paying ‘regular’ job with a company in Chicago.  Donut King shutting down their West Des Moines store by mid-March, due to the greedy property owner selling out to a property developer.  Donut King hopes to find a new affordable location.

Maryland: In Reisterstown, after 40 years Ski Shoppe shutting down, the owner would only say they’re “going out of business”.

New Jersey: God powerless to stop ‘his’ Catholic Saint Francis Life Care from issuing a shutdown WARN for their Franciscan Oaks nursing home, 257 jobs lost by the end of April!   It’s been for sale since 2014.  God also powerless to stop ‘his’ Quaker Cadbury Senior Lifestyles from shutting down, 255 Cherry Hill nursing home jobs lost by the end of April!

Pennsylvania: In Olyphant, France based Technicolor eliminating 50 more jobs, on top of recent mass layoffs.  A production line was  halted without warning as well: “That’s a lot of people getting hurt! That’s something that no community whether it’s Olyphant or its surrounding communities wants to hear. A lot of people used to be employed there, thousands, and it was one of the biggest employers Olyphant ever had!”-Jerry Tully, city councilman

Texas: Lone Star Tubular Operations warning that low oil prices could cost all 677 employees their jobs, by the end of March!   

Illinois based heavy vehicle maker Caterpillar warning that it might end it’s semi-truck production before it even starts!  Caterpillar was about to start a new semi-truck factory in Victoria, but “…we determined there was not a sufficient market opportunity to justify the investment. We have not yet started truck production in Victoria, and this decision allows us to exit this business before the transition occurs.”  There are already 70 people working to gear up the Victoria factory, but they will become unemployed in March.  Plano based JCPenney is so desperate that they are about to sell off specific women’s clothing for only one cent (The Penny Sale, get it, a play on the name Penney. JCPenney stands of James Cash Penney)!  The sale will last through next week and is for JCPenney’s Arizona house brand. Administrators admitted they now realize many women are hurting for cash in this suck-ass economy.

WARN=Worker Adjustment & Retraining Notification

25 February 2016: “like phases of any loss, it’s shock and denial”

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.”