Incomplete list of job loss announcements and shutdowns.
What makes the economy go round? Simply, spending of cash. Anything that takes cash out of the spending ring slows down the economy, and one thing can actually crash the domestic economy; offshoring cash to avoid paying taxes. British empire social research group Oxfam has revealed that the top 50 U.S. corporations have off-shored $1.4-trillion USD to other countries to avoid paying their fair share of U.S. taxes (Oxfam estimates that would equal to about $100-billion in lost taxes, each year, to fund your government services. Now you know why government services are being cut.). Three of those 50 unAmerican corporations are Apple, Microsoft and Google. Think about that, $1.4-trillion has been sucked out of the U.S. economy by U.S. corporations!
British empire Australia based Too Big to Jail ‘investor’ McQuarie Group laid off at least 15% of its U.S. employees, according to unnamed whistleblowers.
California: In Isle Vista, after two years Jimmy John’s suddenly shutdown their sandwich shop. Apparently the franchise owner wanted out and tried to sell it, but nobody wanted to buy.
Connecticut: Danbury based IMS Institute for Healthcare Informatics is reporting that for the second year in a row, since ObamaCare went into effect, U.S. residents will be paying more for their prescription drug fix, and it will continue going up until at least 2020.
Illinois: Western Illinois University laying off 110 employees: “Despite the ongoing furlough/voluntary pay reduction program and the drastic reductions to spending, these layoffs are necessary to protect the university’s cash resources. In spite of our best efforts to conserve financial resources, without an appropriation from our state government, the university will face even greater financial challenges.”–Jack Thomas, president
Indiana: In Fort Wayne, Komet Kuarters shutting down: “After 23 years, with the marketplace for hockey equipment and things changing so drastically over the last 10, 15 years we just felt this as an appropriate time to close the store…. There aren’t as many people in the youth programs today as there were in 1993 when we opened the store, and there’s not that kind of demand any more. It wasn’t a difficult decision.”-Micheal Frank
Kansas: God powerless to stop the shutdown of ‘his’ 46 years old Shawnee Presbyterian Preschool. The Rapture, I mean what I call Disappearing Students Syndrome is forcing them to shutdown by the end of the year.
Louisiana: GE (General Electric) eliminating 77 jobs (the majority of positions) at its Brossard petroleum drilling ops, between now and the end of June.
Maryland: In Laurel, after 25 years the Silver Diner shutting down because “from an economic standpoint, it didn’t make sense to renew” the lease.
Massachusetts: In Malden, after 50 years the Lamson and Davis hardware store shutting down because of low sales and the landlord wants more money.
Michigan: In Okemos, Cravings Gourmet Popcorn shutting down their operations and consolidating ops to Lansing.
New York: In Staten Island NYC, telecommunications company Midtown Express shutting down, 45 jobs gone in May. Illinois based CME Group exodusing the NYC stock markets by the end of the year, blaming crashing energy and metals trading volumes.
North Carolina: In Asheville, after reporting a 900% (!) increase in engagement ring sales, 90 years old (surviving The Great deflationary Depression and numerous recessions) Wick & Greene’s jewelers shutting down, the owners saying “We see an opportunity for change. Millennials are buying bigger rings, but the environment in which they are buying them is changing. We basically need to reinvigorate what’s going on in the business. Legacy businesses have a very hard time thriving in our jewelry industry today. If you don’t change with the times, you can get left in the dust really quick.”
Oklahoma: The city of Yukon is so broke that city employees are not getting paid! Not only did the city council admit it “misspent” $1.3-million USD, but the city is short $4-million due to not being prudent and cutting back on spending when the tax revenues were crashing: “When you spend more than what comes in, eventually you run out of money…..”-Jim Crosby, city (mis)manager
Pennsylvania: Sears store in the Beaver Valley Mall shutting down by June, 62 jobs lost.
Texas: In Houston, yet another debt financed oil company, Energy XXI, chapter 11 bankrupt busted. Three years ago the CEO actually boasted they were going to expand to the South China Sea (now you know one reason why the Obama regime joined the saber rattling over that area of the world). 
In Dallas the A-Hole city council prepping to tear down the homeless tent city under I-45. City crews put up No Trespassing signs where there were none before. Local news reports say the local homeless population doubled by the end of 2015, and the A-Hole city officials are not giving the homeless an optional place to live! Dallas A-Holes also forcing a local ‘black’ owned auto-shop, Hinga Automotive, to shutdown by changing the property zoning: “…one of the most pressing abuses of property rights happening right now. What’s wrong here is that the city took a perfectly legal business, and made it illegal by changing the zoning laws that apply to the business.”-Bill Maurer, Institute of Justice.
Virginia: Sears Holdings announced the shutdown of the Chester Kmart, 76 jobs gone by mid-July.
Washington DC: The Federal Reserve and the FDIC (both government created but privately operated) are accusing Too Big to Jails JPMorgan Chase, Bank of America, Wells Fargo, Bank of New York Mellon and State Street of failing to meet the 2010 Dodd-Frank banking rules. Goldman Sachs and Morgan Stanley are also under suspicion.
WARN=Worker Adjustment & Retraining Notification
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.”