National Association of Realtors says pending home sales dropped for the third time in four months. It’s blamed on high prices and low inventory.
Arizona: In Sierra Vista, after 20 years Peacock Restaurant and Z Bar shutdown, the owners blaming many things but especially a crazy hike in rent. Tucson based Carondelet Health Network laid off 1-hundred people!
California: Drugs maker KaloBios Pharmaceuticals now chapter 11 bankrupt busted after two of its administrators quit when their former CEO (infamous for jacking up cancer drug prices astronomically) was arrested for frauding investors! More proof internet based businesses are not recession resistant; a day after grocery delivery service Instacart (once valued at $2-billion USD) revealed it laid off 12 employees, administrators announced they are jacking up their delivery fees by 50%! In San Diego, after 38 years Pacific Beach Community Garden shutdown after selling out to a property developer.
Connecticut: Hartford Health Care eliminating 120 jobs at Windham Hospital!
Idaho: The state Public Utilities Commission has accepted monopoly Idaho Power‘s 20 years operation plan. The plan includes shutting down a coal fired plant and passing on the shutdown costs to captive customers. The ‘lawmakers’ of The Gem State allow Idaho Power to operate as a monopoly.
Illinois: In Bloomington, Kep’s Country Kitchen shutting down after selling out to a competitor. God refuses to stop ObamaCare from forcing ‘his’ Hospital Sisters Health System to end inpatient healthcare services at Saint Mary’s Hospital, other services are being consolidated to other hospitals, 3-hundred jobs affected! Winter Storm Goliath has shutdown historic sites Fort de Chartres, Fort Kaskaskia and Pierre Menard Home with record floding from the Mississippi River.
Indiana: In South Bend, Yummy Cupcakes shutting down Gregorian New Year’s Eve: “Unfortunately traffic hasn’t been….what we hoped it would be. It just came to the point where there’s not enough coming in.”-Larry Katz, owner
Iowa: Bridgepoint Education-Ashford University moving ahead with shutting down its Clinton campus in 2016, at least 50 jobs lost. In 2011 the university had 959 full time students, in 2015 full time enrollment dropped to 418! Pier 1 Imports shutting down their 20 years old Crossroads Center Mall store, no further details given, the mall manager told local news that he only just found out himself. In Ames, after less than two years Julieann’s home decor shop shutdown: “I just can’t compete with what’s going on out there now.”-Julie Brooks, owner
Kentucky: In Bowling Green, after 25 years the Shake Rag Restaurant shutting down after Gregorian New Year’s Day.
Massachusetts: Partners HealthCare System shutdown their Spaulding Hospital for Continuing Medical Care North Shore, 3-hundred jobs lost!
Michigan: In Eaton Rapids, Davidson’s Old Mill Yarn shutting down their retail operations after 94 years (surviving The Great Depression and numerous recessions). Wholesale operations will continue, at one point they employed 75 people.
Minnesota: In Minneapolis, the Burnet Gallery shutting down. It’s located in the Le Meridien Chambers Hotel, which was sold-off in August and the new owners apparently don’t like art galleries.
Missouri: Winter Storm Goliath has shutdown the Smartt Field Airport with record flooding from the Mississippi River.
Montana: A guest writer (and dairy producer) in The Missoulian has revealed that a state regulation is forcing local dairy producers to shutdown. It’s called Amended Rule for Milk Inspection Fees. The writer warns even more dairy ops, like his, are about to be shutdown and he wants the public to take action.
New Jersey: More proof internet/high-tech jobs are not recession resistant; Mercer County Community College announced it is eliminating as many as 24 IT jobs. After 33 years J&G Pet Food and Supply shutdown after the owner was kidnapped and beaten. To add insult to injury the owner wasn’t even the guy the retarded kidnappers wanted!
New York: In Albany, after 56 years restaurant Justin’s being shutdown by the A-hole State Liquor Authority. In Village of Lyons, no more village police department due to the Village merging with next door Town of Lyons.
North Carolina: In Greensboro, after 66 years Cashion’s Furniture and Decorating shutting down in January 2016. The current owner will continue as an interior design consultant.
Ohio: In Columbus, after 40 years Bernies Bagels & Deli shutdown due to property re-development in the University District.
Oklahoma: Drysdales Western Wear laid off at least 20 people from its Tulsa warehouse. It’s part of the company’s plan to shift to more internet sales.
Oregon: In Eugene, after 56 years Serv-U Market shutdown, the owners sold-out to a big grocery store chain and the sale forbids them from saying which chain.
Pennsylvania: No more Manny, Moe and Jack? Philadelphia based auto parts chain store Pep Boys being sold for $1-billion USD to Icahn Enterprises, expect layoffs and shutdowns.
Texas: Dallas based phone service AT&T ending its two years contract because it can’t afford to continue subsidizing it. Starting in January 2016 potential customers will have only two choices of plans. In Wichita Falls, the last full service Shell fuel station (on Taft and Midwestern Parkway) shutting down. The owner sold the property, which he admitted had “environmental issues”.
Washington: Illinois based KapStone Paper & Packaging laying off 25 people at its Longview operations, blaming crashing demand for paper products.
Washington DC: Restaurant Mio shutdown, supposedly a new “concept” will take its place.
West Virginia: Murray Energy laying off more than 1-hundred coal miners due to the crashing coal market. State ‘lawmakers’ shutting down the National Guard Armory in Keyser. The ‘lawmakers’ are trying to save money by consolidating armories.
Wisconsin: Pastiche Bistro and Wine Bar shutting down its Bay View location in favor of its Milwaukee location. News reports say Jefferson County suffered at least 1-thousand 42 job loss WARNs, making it the hardest hit of Scott Walker’s Right to Work you over counties in 2015!
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.”