Caterpillar to lay off 5000 before the end of 2016:
http://www.sj-r.com/article/20150926/NEWS/150929632
Sun Edison to lay off 15% of its workforce:
http://www.bloomberg.com/news/articles/2015-10-05/sunedison-to-fire-15-of-workers-may-take-40-million-charge
Patriot Coal to lay off 2000 in West Virginia:
http://www.sfgate.com/news/article/Patriot-Coal-expects-to-lay-off-more-than-1-000-6553364.php
Wal-Mart cutting 450 at headquarters:
http://www.wsj.com/articles/wal-mart-to-cut-450-jobs-at-headquarters-1443795305
Bank of America to announce layoffs:
http://www.bizjournals.com/charlotte/blog/bank_notes/2015/09/bank-of-america-to-announce-layoffs-unclear-if.html
Neiman-Marcus lays off 500:
http://www.news-journal.com/news/2015/oct/05/neiman-marcus-lays-off-500/
Only the tip of the iceberg. Consider the millions of small businesses laying off one or two employees.
Meanwhile the federal government claims the unemployment rate is only 5.1%.
Not the federal gov't, it's only the dems that push the unempl rate anymore.
Sure, the UR comes from the BLS but so does the Labor Participation Rate.
Look for the FED to be buying our own bonds again? Any way you look at it, this is not good. Posted today....
Once the Biggest Buyer, China Starts Dumping U.S. Government Debt
Read more: http://www.nasdaq.com/article/once-the-biggest-buyer-china-starts-dumping-us-government-debt-20151007-00029#ixzz3nsidQGJv