Incomplete list of job loss announcements and shutdowns.
A study by ValuePenguin says 80% of High-Deductible Health Insurance Plans don’t qualify for the ObamaCare Health Savings Account tax break!
California: An investment company with way too many cooks in the kitchen (their website lists 10 ‘presidents’) Cetera Financial Group now chapter 11 bankrupt but not busted, it’s all part of their plan to go private in connection with RCS Capital. At Camp Pendleton, tax sucker TransitAmerica Services eliminating 30 jobs by the end of June. 40 years old industrial metal fabricator Paris Precision issued a layoff WARN for their Paso Robles ops, 130 jobs lost by mid-May! What housing construction industry recovery? Home builder ZETA Communities suddenly shutdown their McClellan Park operations, 122 jobs lost, no explanation! More proof you brick-n-mortar store owners can’t directly blame the internet/high-tech for your demise; British empire United Kingdom based software solutions company (according to Bloomberg) nobody heard of, Mycom North America, revealed it suddenly shutdown their Santa Fe Springs ops, two weeks ago. 138 jobs lost, no explanation! Boeing issued more layoff WARNs, this time 49 jobs in El Segundo and Huntington Beach gone by mid-May.
Florida: In Tampa, distribution company Hapag-Lloyd America eliminating 55 jobs by the end of May.
Georgia: In Atlanta, employees of Thirteen Pies pizza joint reporting they’ve been told they will become unemployed within 60 days. The company that owns Thirteen Pies, Raised Palate Restaurants, says no final decision has been made, however local news reported that Raised Palate Restaurants shutdown another food joint in the same plaza back in January.
Idaho: What timing! After ‘christian lawmakers’ shit-canned a bill to close the ObamaCare healthcare gap for at least 78-thousand people (also attributed to killing 1-thousand Idahoans) a new U.S. Department of Health and Human Services report shows Idaho is the second worst state for lack of healthcare for low-income people with mental problems or addictions. Interestingly the top two offenders, Utah (ranked at 40% of low-income disabled residents uninsured) and Idaho (ranked 39% uninsured), are both densely packed with Mormons/Christians (U.S. Census Bureau data), who also dominate their government services.
Illinois: In Bradely, after six years Impact Fitness shutting down on Thursday because the owner can’t afford to make the facility accessible to disabled people: “…due to circumstances out of our control stemming from complaints filed against Impact Fitness with the Illinois AG office for violations and anti-business practices of the city of Bradley…”-Charles Navarro
Iowa: After more than 1-hundred years (surviving The Great depression and numerous recessions) Kingston Hill old folks home shutting down in May, administrators say that after all this time ObamaCare reimbursement reductions render Kingston Hill “financial unsustainable”.
Maryland: Meritus Health shutting down their 30 years old Hagerstown child Learning Center in June. 125 children affected. Local news did not indicate a reason saying only that the decision to shut it down was made suddenly.
Massachusetts: Non-profit Mayo Clinic shutting down its 20 years old Andover lab, 105 jobs lost by the end of 2016! Work is being shifted to labs in Minnesota. Without warning audio equipment maker Bose began layoffs at their Framingham call center. Local news reports say Bose administrators claim it’s because more customers are using the internet to complain rather than the phone, but employees revealed that at least 2-hundred call center jobs are actually being offshored: “They have the Philippines up and running now. They will be letting more of the call center go in waves after May 6, as they bring more people online in the Philippines. They are sending our own people to train them, three months at a time.”-unnamed Bose employee
Minnesota: In Minneapolis, Maison Darras sandwich shop and the U.S. Postal Service extension office being forced to shutdown on Thursday, due to massive $20-million USD remodeling of Baker Center. News reports say the sandwich and postal operations will not resume because the ‘Skyway’ is being eliminated by the remodel work.
Montana: In Great Falls, the Teton County Nursing Home shutting down in May, 34 jobs lost. ObamaCare reimbursement reductions forced the county to beg the cash-strapped voters to approve a levy to fund the home, but it was rejected.
New York: Manhattan Beauty Supply shutting down at the end of April. No explanation, but locals who shop in that area lamented that most of the kitschy shops that lined the street in the 1990s are gone. In Rochester, Corner Bakery Cafe suddenly shutdown after the owner posted a sign that said “will be closing early tonight.” Local news reports blame it on property developers. The Broome Developmental Center for disabled people shutting down on Thursday, 6-hundred jobs lost! Officially it’s blamed on federal rules changes and ObamaCare reduction in reimbursements, however, I should point out that last year at least one employee was arrested for sexually abusing the tenants.
North Dakota: Dickinson State University shutting down their Strom Center for Entrepreneurship and Innovation due to the loss of $1-million USD in grants and taxpayer funding.
Oklahoma: Main stream news media is confused about unemployment data. They know tens of thousands of Okies have been laid off due to the oil industry BS, but state unemployment numbers are showing unemployment going down. Here’s what I’ve been saying for the past few years at the end of every Job Losses report; if an employee gets laid off but gets severance they are not counted as unemployed. The overwhelming majority of oil industry workers are getting severance, therefore their unemployment is not being counted! While I don’t advocate for Donald Trump as president (he’s just a salesman, will say whatever he has-to to close the deal, then files bankruptcy, study his history) he’s correct when he estimates true unemployment around 50%!
Texas: In Dallas, after 16 years Monica’s Hallmark gift store shutting down. More proof you brick-n-mortar store owners can’t directly blame the internet/high-tech for your demise; British empire United Kingdom based software solutions company (according to Bloomberg) nobody heard of, Mycom North America, revealed it suddenly shutdown their Dallas office, two weeks ago. At least 22 jobs lost, no explanation. British empire’s Too Big to Jail bank-investment company Barclays issued a shutdown WARN for their McKinney operations, 196 jobs lost by mid-May! British Petroleum (BP) issued three layoff WARNs, 5-hundred jobs in Houston and Coppell lost by the end of May! Rotary Drilling eliminating 65 jobs in Beasley by mid-May. Boeing revealed it laid off 15 people in Houston.
Washington: After 39 years Kathy’s Studio of Dance shutting down: “This was a very difficult decision for me to make but the dance world is changing and I am no longer up for the challenge. I started my studio with the idea that anyone should be able to dance – no matter their size, talent or ability to pay…….This worked for many years but times have changed….”-Kathryn Lahey
WARN=Worker Adjustment & Retraining Notification
27-28 March 2016: “tiny 4-inch fish” killing economy?
Former employees who receive severance are not counted as unemployed!
Employees of religious non-profits might not qualify for unemployment assistance: “If the non-profit organization is a church, you may or may not be entitled to unemployment. It all depends upon state regulations for church employers. In many cases, churches are allowed to set their own rules regarding unemployment benefits, meaning the church can choose whether to offer benefits to former employees.”
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.”