What housing construction industry recovery? A major west coast builder has merged with a major east coast builder. Standard Pacific and Ryland Group now known as CalAtlantic Group and their first order of business is to kill about 280 jobs across 17 states!
For the third month in a row unAmerican corporate America failed to produce the number of jobs needed create a strong economy. For September only 142-thousand jobs were created, according to the U.S. Department of Labor. Economists have long warned that for true economic recovery monthly job creation needs to be a minimum of 200-thousand.
Failed State Alabama: 15 state controlled booze (Alcoholic Beverage Control) ABC stores being shutdown due to lack of money.
California: In San Francisco, the Exploratorium laid off 30 employees due to lack of money. Unionized employees blame the managment for the lack of money. Sunnyvale based AMD (Advanced Micro Devices) eliminating 5-hundred jobs, apparently before their fiscal year of 2016 begins! Administrators essentially said there ain’t no recovery. In San Luis Obispo, after 21 years Crazy J’s clothing store shutdown after the owner realized it wasn’t worth it to remodel the store or the brand. Japan based upscale convenience stores FamilyMart-Famima! shutting down all their remaining California stores by the end of October!
Georgia: Affordable Care Act (ObamaCare) forced bankrupt Hutcheson Medical Center to layoff 58 people. The FDIC shutdown the Bank of Georgia. Ivy Preparatory Academies shutting down all their high schools blaming what I call Disappearing Students Syndrome. Apparently their high schools now have only 90 students each. Only ten students graduated during the 2014-15 school year.
Idaho: Court ruling shuts down horse race betting venue Double Down Betting, Sports Bar and Grill in Idaho Falls, 70 jobs lost. the Idaho Supreme Court banned instant horse racing gambling machines. Taxpayers screwed over again, this time it’s education: “This case presents an Idaho taxpayer challenge to the illegal expenditure of Idaho public funds to the Smarter Balanced Assessment Consortium, on the grounds that the consortium is an illegal interstate compact not authorized by the U.S. Congress. The Idaho Constitution recognizes that the U.S. Constitution is the supreme law of the land. The membership of Idaho and other states in the consortium violates … the United States Constitution, together with other provisions of federal and Idaho law. The use of Idaho taxpayer funds to support the consortium, an illegal interstate compact, therefore constitutes an unconstitutional expenditure subject to challenge by Idaho taxpayers.“-Idaho taxpayers suing their state ‘lawmakers’ in federal court
Illinois: Historic horse racing track Balmoral Park shutting down for the 2016 season due to no races being scheduled by state regulators. Horse racing track Maywood Park is also shutting down for the same reason. Local news reports say not only will hundreds of jobs be lost but hundreds of horses will be killed! “I would say 75% to 80% responsibility for the situation…..is the inability of the state to pass a law that would allow video gambling at the racetracks. In every state where they have allowed casino gambling at the tracks, horse racing has flourished.”-Gerald Hanson, Harness Racing Association
Iowa: Sears Holdings revealed they’re shutting down the Belvidere Kmart, 67 jobs lost right after Xmas.
Kansas: Overland Park based Sprint warned of more layoffs in an effort to cut costs by $2.5-Billion USD! Hows that for faith in a recovering economy?
Louisiana: Tango Transport has been sold to vulture capitalist Celadon Group who is now eliminating 80 jobs.
New York: After 158 years (surviving the Great deflationary Depression and numerous recessions) the YMCA shutting down in Amsterdam. Administrators say they are $75-thousand USD in debt and they are cash broke! In NYC, McDonald’s at 427 10th Avenue shutting down after Xmas, 65 jobs lost.
North Carolina: Thai Pan restaurant shutting down in Greensboro after 10 years of yummy food. The owner blames her husband because he’s retiring and wants to move.
Pennsylvania: Drug delivery system company Unilife eliminating 50 jobs, and as a result the evil CEO is getting a $420-thousand USD bonus because stockholders like it when jobs are destroyed! After seven years the award winning Supper restaurant shutdown, it’s now a private party and catering only op. The Leggett & Platt mattress factory in Delano Township shutdown. As with many companies they are consolidating operations to other factories.
Texas: Willacy County eliminated 25 jobs and is cutting work hours for five judges. County administrators blame it on crashing revenues from their evil prison which was forced to shutdown seven months ago and eliminate 4-hundred jobs!
Washington: Bellingham based Haggen Foods has told the bankruptcy court of its intent to shut down all its grocery stores!
Wisconsin: Dairy Farmers of America shutting down their Plymouth Borden cheese factory in January 2016, 3-hundred job lost! Administrators said it wasn’t worth it to upgrade the old factory and will instead contract out the work! Littelfuse shutting down their Hamlin circuit protection maker HQ in Lake Mills, layoffs begin before Xmas. Local news reports say at one time Hamlin had 2-hundred employees in Lake Mills.
01 October 2015: “the bottom fell out…” “It’s bullshit….!”
WARN=Worker Adjustment & Retraining Notification
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.”