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Total Announced Job Cuts In 2015 Just Topped 32,000
Presented with little comment aside to note the ironic timing of the surge in job cut announcements from North American firms since President Obama's "Crisis Has Passed" State of The Union speech...
Job cuts announced by publicly traded firms in North America...
Data: Bloomberg
"unambiguously good" - aside from for these 32,102 people...
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Nope! it's all good now peeps.. the president of the united states just said so..
Just because people are getting laid off of the good jobs is no problem for O-man.
He will just order McDonalds to put on another graveyard shift.
#asktheWH
ROFLMFAO
Target in Canada to close ALL 133 stores.
Target closing all stores in Canadahttp://www.mercurynews.com/business/ci_27328302/litany-problems-pushes-target-into-giving-up-canada
That's 17,000 jobs gone for Canada right there...
And nearly a year ago Zerohedge (of course) called it:
14 Headshaking Photos that Show Target Canada Has A Major Problemhttp://www.zerohedge.com/news/2014-05-19/14-headshaking-photos-show-target-canada-has-major-problem
Friend works at Leer Jet in Kansas just got the axe, laying off 1000 now and and another 1000 later in the year. WTF I thought the 1% crowd was doing fine.
Another place to check, Daily Listing for you
Job Layoff List : http://www.dailyjobcuts.com
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:-/
ditto...
the world needs ditch diggers too
from Caddy Shack:
Well, the world needs ditch diggers too
classic
For what??
Dead banksters, politicians, billionaires, trillionaires, pedophiles and all other ilk of their kind.
Why? Buzzards have to eat, same as worms.
I've got news for you folks, this is just the beginning. We are just about four quarters after QE3 stopped putting additional funds into the system. QE3 allowed companies to delay the inevitable.
The inevitable has now arrived.
inevitably.
Indubitably
incontinent
Check out my USD/CAD call, 700 pips later http://investfts.blogspot.co.uk/2015/01/calling-usdcad-strength.html
Hope it hit's 1.30 for you, but it ain't there yet. Don't countchyer Loonies before they're hatched...I hate when I do that...it jinx's the fuck out of everything. lol
It's only official data - you need to multiply it...
#nomorejoblock
Is my job at Radio Shack safe?
yep
yep and Obie is gonna get you a raise to $35 per hour (in fiat). Congrats
Djsmps
Just keep sellin' those Tandy(tm) computers and you'll be fine.
Wonder if eBay will be auctioning off its former employees, I could use a new fluffer.
Elon Musk has a plan to re-package them as batteries for greenie gajillionaire's sports toys..
Bush is available... but you deserve the best! You'll have to wait until 2017 for the Oh-Ohh-Omeister.
Prescient...
http://www.csmonitor.com/Business/Latest-News-Wires/2015/0121/EBay-cuts-...
nd -lowest unemployment rate yesterday, but tomorrow? every rig is 100 decent jobs.
500 rigs= 50000 jobs that pay living wages. hmmm. homebuilders? goes on and on, iron, copper, aluminum. by year end we will be in throws of another election cycle. hope and change redux II. or a new and improved village or jeb the destroyer...
can't wait, beam me to 2017..
Part of my work involves group email once a quarter to clients in the tech and finance industries, I use the bounces as a rough indicator of how the economy is going.
It just so happens I sent that email about an hour ago. Not as bad as what I saw in January 2009, but it's second only to that quarter. As I mentioned a week ago, everything looks like late 2008 2.0 to me when it's a non-doctored data set.
QE4-ever by April. BoJ (done), then ECB (soon), then FED.
Only the Shadow knows.
But the great 0 just said that it's time to party like it's 1999! Or was he referring to 2014, so now it's time to party like it's 2000?
I'm a bit confused. For the SOTU they require you to check your brains at the door. And I'm afraid I might have forgotten to reclaim them when I left.
Party like 1099. Crusades bitchez.
Oh, don't worry. The Bureau of Labor Statistics will just make up another 32,000 waiter and bartender jobs and call it even.
Hey! Those are ~manufacturing~ jobs!
F Hayek
I'll drink to that!
I have a business that does much better when the economy is in the tank (part of recession proofing my life), I made a lot of money between 2008-2011. Now the calls are really starting to come in again. This is a big tell for me.
Repo? Collections?
I'm guessing drug dealer.
...or Russian hooker.
Hit Man? Dirty Tricks & Intimidation? The Loan Muscle?
Lemme guess, you are the repo man?
BK lawyer ?
Suicide prevention counselor?
man, you guys are funny...no it's none of those things
Yep, 32,000 jobs isn't even close to what the Bureau of Lies and Shystering can seasonally adjust away.
How many people were hired?
Despite the job cutting news, I'm looking for the markets to be UP by Friday.
There are plenty of cheap calls that the TBTF banks need to put in the money by then.
Former low-skill oil rig jockeys just need to hike up their slacks and get some community college.
18 months to being a software guru! sez the advertisement on the subway train...
You can outsource and get same skills for 1/10 the cost. Time for plan B.
AMEX another 4K US jobs cut.
http://fortune.com/2015/01/21/american-express-job-cuts/
no worry ... i'm sure we can replace those jobs and more with part time jobs at walmart.
...now pronounced ~manufacturing~ jobs.
".now pronounced ~manufacturing~ jobs."
Are you referring for the impending boom in gov't manufactured data jobs (the Bureau of lies and propaganda)?
Does anyone see anything between here and 50% plus unemployment? As far as I can make out there aren't any new jobs coming that can't be replaced by robots and/or software. You can only take up so much slack by increasing the number of gov workers, homoland security, military or inmates etc. I've heard a couple of recent graduates talking about their future "careers" and I just feel sorry for them.
The sick thing is this, technology should be reducing the cost of living and should enable less people to be in the labor force. So pre industrial revolution the farmer had the whole family in the field working. New technologies enabled that farmer to multiply his production and relieve the entire family of the burden of very hard work. The same thing should be happening now, but it is not. Standards of living should be going up with less effort. Why is that not happening?
Government and their owners have blocked this natural process from happening. One example is education where people are forced to pay in excess of $100;000 and 4 + years on education when using internet/online technologies that education should cost less than $10,000 and should take no more than 2 years. Many other examples like that.
+3000, we've been robbed.
"As far as I can make out there aren't any new jobs coming that can't be replaced by robots and/or software"
Yes. The only bright careers will be engineering (those that design the machines) and maintenance (those that service and repair the machines) and of course the workers that support those two groups. Everyone else goes to section 8 housing.
Per SOTU .. Ominous thought... "When they proclaim its all good, It will immediately fall "
They speek in 180 degrees. I see wobbly foundations that are beginning to hummmmm
SOTU = Strategic Oppression & Taxation of Union
Time to switch over to all those shovel ready jobs......
GNP = Gross National Product
GDP = Gross Domestic Propaganda
"EBay cuts 2,400 jobs ahead of PayPal spin off"
http://www.csmonitor.com/Business/Latest-News-Wires/2015/0121/EBay-cuts-...
The sentiments of the article are irrelevant. Americans are blind and ignorant to the fact that the US has been living through an economic depression that rivals the Great Depression. The soup lines are hidden by EBT and all the other government transfers, and yes it provides a safety net, but it only delays the inevitable since this nation fully embraces every tenet of Marxism...just don't call it Liberalism.
Take 10 full time 40 hrs/week employees(10x40=400 hours of work) , and cut their work week to 30 hrs/week (10x30=300 hours of work).
To make up the 100 hours of work needed to do the original job, you now hire 5 new 20 hr/week employees do the needed work (5x20=100 hours of work).
You now have "created" 5 new jobs
and now have 5 fewer "unemployed" workers.
Major problem of "job creation" and "unemployment" are solved.
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