Failed State Alabama: Limestone Hospital eliminated 15 jobs. The county halted $1-million USD in taxpayer support! Hospital administrators warned that could be the tip of the iceberg. In Muscle Shoals, the Listerhill Total Maintenance Center is shutting down before Xmas, 134 jobs lost starting now! The city mayor said he was told the company isn’t profitable anymore and then added “I hate it!”.
Dutch bank refuses to do business with non-U.S. citizens!
California: In Hollywood, Sushi Roku shutting down next week, the owners say they need to focus on a smaller number of restaurants. Netherlands based Rabobank is now refusing to do business with people in California who are not U.S. citizens! Administrators of the non-U.S. bank said they are closing all accounts with non-U.S. citizens by 20 November! They’ll even let non-citizens out of long term interest earning accounts without penalty, apparently it’s because of new penalties that banks might be faced with: “…the costs of managing business and compliance risk for this type of account have become extraordinarily high.”-Gregory Jones, senior vice president
Colorado: Cybersecurity doesn’t guarantee economic security as One World Labs (OWL) now chapter 11 bankrupt busted. Last year the company had $3-million USD in revenue, but somehow is now in debt by $750-thousand. The company gained attention after hacking into dozens of airliners.
Florida: Unconfirmed reports that Citrus Memorial Hospital is about to layoff healthcare workers.
Georgia: In Evans, Learning Express Toys store shutting down before the U.S. Thanksgiving. No more IHOP restaurant in the Greenbriar Mall, due to failing a health inspection. 20 counts including expired and moldy food.
Failed State Illinois: Reports say dozens of employers announced 2-thousand 251 layoffs in September! In Winnetka, after 37 years T.L. Fritts Sporting Goods shutting down in December. Macomb County eliminating 25 jobs from its child prison. The good news is that it’s because of a declining child prison population. Aspen Foods laid off 65 people, immediately following a massive recall of chicken products due to salmonella.
Louisiana: In Monroe, after 60 years Haneline’s Men’s Wear shutting down as soon as the inventory is gone. What hurricane recovery? In New Orleans, after 51 years the iconic Musee Conti Wax Museum forced to shutdown to make room for condos!
Maryland: Collington Services shutting down a Safeway grocery distribution center and a general merchandise distribution center, 7-hundred jobs lost by Xmas! And that’s after 2-hundred people have already been laid off, according to state data!
Minnesota: Restaurant La Belle Vie shutting down by the end of the month, blaming the increase in mandatory minimum wage.
Missouri: Dooley’s Beef n Brew House shutting down next week. In Moberly, Wilson Trailer laying off 42 people before the end of the month: “The general economy drives the flatbed industry. Right now, with things being as sluggish as they are, there just aren’t many trailer sales going on.”-Les Keleher, manager
New Jersey: Acclaimed Thirty Acres restaurant shutting down after Thanksgiving. Despite praise by critics sales were no good: “Maybe we weren’t in the right place at the right time, or maybe Jersey City wasn’t the right place….”-Kevin Pemoulie, coowner
New York: The Town of Tuxedo announced it is short $1-million USD and must kill jobs and cut pay and jack up local taxes, a sure sign of a Failed State. In Riverhead, King Kullen grocery store shutting down due to it not being worth it to renew the lease. In NYC, CMG YOTEL ending its contract with East & West Restaurant, 71 jobs lost by January 2016. Maker of 3D printers MakerBot eliminated 20% of its jobs, for the 2nd time this year: “We are facing tremendous challenges at MakerBot. Across the board throughout the industry we are seeing a very slow growth pace in the 3D printing space, and of course MakerBot is impacted by that as well.”-Jonathan Jaglom, ceo
North Carolina: In Greensboro, label maker Multi-Color shutting down before Xmas, 66 jobs lost. Also, The Music Loft shutdown: “The Music Loft and all the music businesses in Greensboro have been struggling to find the right formula to come to grips with the downturn and the impact of the Internet on local brick and mortar stores…”-Stuart Fitzpatrick, owner
Ohio: Hudson based Jo-Ann Fabric and Craft Stores eliminated 103 HQ jobs!
Pennsylvania: In Erie, after getting huge taxpayer funded incentives to build a new factory, Lord Corporation warned of mass layoffs, an exact number was not given. Administrators revealed to local news sources that the economy has not recovered and is not going to recover anytime soon because Congress refused to fund the most important Export-Import Bank which helps U.S. companies compete globally (through subsidies of course). (GE has also made the same claim) The Pennsylvania Department of Human Services shutdown Christian Glade Run Lutheran Services in Zelienople ‘prison’ for teens with mental problems after a local police investigation revealed a “secret sex club”. Watch a local TV report on the sick Christians.
South Carolina: Farmers warn that the ongoing flooding will destroy their crops, as well as negatively impact their poultry industry. This will drive local food prices up. Conundrum Music Hall shutting down by the end of the month: “…our expenses far exceeded our income, much more than I’d ever realized.”-Tom Law, owner
Virginia: Clothing store Rugged Wearhouse shutdown in the Spradlin Farms shopping center. Apparently the owner of the shopping center is bringing in a different retailer.
07 October 2015: 1,400 people get no final paychecks!
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.”