Incomplete list of job loss announcements and shutdowns.
California: The Tax Foundation ranks California’s income tax rate at 7th highest in the United States. In Livermore, the decades old Applebee’s restaurant suddenly shutdown because, according to the manager, “It just was not economically feasible anymore.” More proof you brick-n-mortar store owners can’t directly blame the internet/high-tech for your demise; Santa Clara based Intel confirmed it is about to eliminate 12-thousand jobs, blaming it on crashing computer sales!
Connecticut: University of Connecticut Health Center eliminating 89 jobs at the Farmington prison medical unit. It’s blamed on the Gov’na. bfresh issued a shutdown WARN for its Fairfield grocery store, 84 jobs lost by mid-June.
Florida: In Dania, Cohen Dania Beach Hotel-Sheraton Fort Lauderdale Airport & Cruise Port Hotel eliminating 112 hospitality jobs by June, supposedly for remodeling that will take more than a year!
Idaho: The Tax Foundation ranks Idaho’s income tax rate as the 11th highest in the 50 U.S. states.
Iowa: In Williamsburg, Kinze Manufacturing eliminating 121 jobs, blaming low crop prices for killing its farm equipment sales!
Michigan: Monroe Multi-Sports Complex shutting down in June due to the city’s budget problems: “Sometimes we have to pull the Band-Aid off quickly. It’s costing taxpayers’ money.”-John Iacoangeli, city councilman
Missouri: Solar panel and windmill maker SunEdison now chapter 11 bankrupt busted. The company was called the fastest growing green energy company in the U.S., but that was because it was using debt to finance its growth, now it can’t pay up.
New Jersey: NJ Transit warned it must “further identify cost efficiencies” to deal with a $45-million USD hole!
New York: The Tax Foundation ranks New York as the highest income tax rate in the United States. GE (General Electric) Capital issued a layoff WARN for its NYC operations, at least 27 people laid off by July. Also in NYC, TGI Friday’s Restaurant on 677 Lexington Avenue shutting down, 36 jobs lost by mid-July. In Galway, after 59 years Chuck’s Store restaurant shutting down so the original owners can retire.
Oklahoma: OIl industry contractor Seventy Seven Energy now chapter 11 bankrupt busted.
Pennsylvania: Metals producer Allegheny Technologies eliminating 250 jobs, blaming low commodity prices! The former employees will get severance, so their layoffs won’t adversely affect the official unemployment numbers.
Wisconsin: In Madison, after 22 years restaurant Bluephies being shutdown, supposedly a new restaurant will take its place. Despite the greedy owners claiming Bluephies is “doing great”, they’re concerned they need something that will create more ‘growth’ (higher profits) over the next 20 years.
WARN=Worker Adjustment & Retraining Notification
17-18 April 2016: “substantial rent increases”
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.”