Keyword: jobs
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Layoff notices will be sent to about 410 Hawker Beechcraft employees, as the company plans to close facilities in three locations and shut down its business jet production. The Wichita Eagle reported that 60-day notices will be issued Nov. 9 to affected employees in Wichita, Kan., where the company is based, along with Little Rock, Ark., where the last of the Hawker business jets are being completed. Job cuts will also be made in San Antonio and Mesa, Ariz., the Eagle reported, quoting from a letter to employees signed by CEO Steve Miller and Chairman Bill Boisture:
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Fellow FReepers -- This is designed to serve as a single repository for layoff announcements, stories and other related news pertaining to the future dismantling of our economy due to the re-election of Barack Obama. The goal here is a one-stop source to bolster our argument that Obama's reelection is truly the detriment to our economic well-being.
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Boeing Announces Big Layoffs in Defense Division http://www.cnbc.com/id/49729998 ING Layoffs In State Are Unrelated To Massive Staff Reduction In Europe http://www.courant.com/business/connecticut-insurance/hc-ing-layoffs-20121107,0,5645363.story Caterpillar’s Layoffs Parallel A Falling Monthly Copper Price Index http://agmetalminer.com/2012/11/07/caterpillars-layoffs-parallel-a-falling-monthly-copper-price-index/ More Layoffs May Be In Store for Alcatel-Lucent http://www.fool.com/investing/general/2012/11/06/more-layoffs-may-be-in-store-for-alcatel-lucent.aspx Boeing Telegraphs Layoffs in Defense, Space & Security Unit http://247wallst.com/2012/11/07/boeing-telegraphs-layoffs-in-defense-space-security-unit/ Umatilla Chemical Depot plans layoffs this month, in 2013 http://www.tri-cityherald.com/2012/11/06/2160493/umatilla-chemical-depot-plans.html#storylink=cpy Hawker Beechcraft to close plants in Arkansas, Texas, Arizona, cut more jobs http://www.therepublic.com/view/story/52f3fff526904fc68717a1cf890c9f9c/KS—Hawker-Beechcraft-Layoffs
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Boeing announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs. Boeing Headquarters The company [BA 70.11 -1.47 (-2.05%) ] told employees about the changes on Wednesday, in a memo obtained by Reuters and confirmed by Boeing. Boeing, the Pentagon's second-largest supplier, said the changes were the latest step in an affordability drive that has already reduced the company's costs by $2.2 billion since 2010, according to the memo. The measures come as U.S. weapons makers are...
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Obamanomics grinds grimly onward, as CNBC brings word that on the day after the election, “Boeing announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California, and consolidate several business units to cut costs.” It was sweet of them to keep that under wraps until after the election, wasn’t it? And that’s not even the dreaded “sequestration” layoffs, which Obama broke the law to convince defense contractors to keep under wraps until after the election. Those are yet to come. The upside to living in a banana Republic...
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Republicans need a new coalition and a new message. The heart of that coalition should be the working class. The message should be populism. Populist movements in the past have often been ugly because they scapegoated vulnerable minorities. The new Republican populism shouldn't blame the "47 percent" of Mitt Romney's imagination, or immigrants seeking to make a better life. The new Republican populism should declare war on the cronies and special interests who use big government to rig the game in their favor and deny opportunity to those trying to climb the ladder and live the American dream. It's time...
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There’s Barack Obama’s America.And then there’s Texas.In Barack Obama’s America, Latino voters overwhelmingly favored the Democratic incumbent, handing him 71 percent of their votes to 27 percent for GOP nominee Mitt Romney. In Texas, voters overwhelmingly elected the first Hispanic senator in the state’s history. A conservative Republican.In Barack Obama’s America, the Tea Party wave receded, with some of the most prominent firebrands of the 2010 conservative insurgency sent packing by the voters. In Texas, despite the defeat of freshman Republican Francisco “Quico” Canseco of San Antonio, voters sent three new Republicans with strong Tea Party support to Washington, including...
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Last night's victory for the President marks the first time since its inception that Obamacare is no longer a what-if; it is the future of health care in America. It also means a near immediate impact on the economy. With 20 or so new or higher taxes set to be implemented, ranging from a $123 billion surtax on investment income, through the $20 billion medical device tax, all the way down to the $600 million executive compensation limit, Obamacare will be a nearly unbearable tax burden on the economy. Who will pay? The middle-class workforce, of course. So with another...
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As per my original post weeks ago, we hired a liberal deliberately so we can fire him once Odumbo wins. Well, because I'm a man of my word, this puke will be fired at the end of the day. This is therapy as I saw the last posts in 2008 and lots of Freeper bosses fired their libtard employees. It will make me feel good as every liberal's misery is my happiness and this is "revenge" as per that POS p-resident said.
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Sadly for the people of New Jersey and New York, the New York ISM Current Business Conditions Index fell to 45.9 signalling contraction. The employment index fell to 47.8 after 4 months of above 50 readings. This came after a poorer than anticipated job openings reports (JOLTS). The print for September was 3561 which is exactly the same as the print for August, although the August number was revised higher to 3661. Hence, job openings actually fell in September. The numbers within the yellow box show that job openings have been level since early 2012. Gold rose this morning to...
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If you are looking for a full-time job, prepare to be disappointed if President Obama wins re-election Tuesday. Since Obama was sworn into office in 2009, the number of Americans with full-time jobs has actually fallen by 370,000. The number of Americans with part-time jobs, by contrast, is up 1.5 million. Jobs are being created in the Obama economy, but they're not the type of jobs Americans can live on. And Obama's policies are clearly contributing to the shift. Last month, we noted that Darden Restaurants, the parent company of popular chains like Olive Garden and Red Lobster, stopped replacing...
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On the final full day of campaigning in the 2012 race for the White House, President Obama is being blasted for a speech he gave in Madison, Wis., a speech his opposition calls “delusional.” “We tried our ideas. They worked. The economy grew. We created jobs. Deficits went down,” Obama said Monday. “We tried their ideas. They didn’t work. The economy didn’t grow, not as many jobs, and the deficit went up. But here’s the thing. Governor Romney’s a very talented salesman..." “This is just delusional,” opined radio giant Rush Limbaugh, reacting to Obama’s suggestion that deficits have gone down...
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This country is at a historic crossroads, and the path we choose can determine our future far beyond the next four years. Our children and grandchildren may someday bless us or curse us for what we do this Tuesday. Against that background, it is painful to see the petty talking points and gross misconceptions that seem to dominate this year's election campaign. Take the question of jobs. How many times have we heard about how many jobs have been added during the Obama administration? Yet few people bother to find out whether these are net additions to jobs — which...
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Chicago Mayor Rahm Emanuel on Sunday dismissed the idea that President Obama is vulnerable in Pennsylvania, where polls have tightened ahead of Tuesday's election. The mayor, a former White House chief of staff who is one of the president's most outspoken advocates, said the Obama campaign is confident in Pennsylvania despite the narrowing lead. "I think Pennsylvania is secure, but you don't take anything for granted," Mr. Emanuel said on CNN's "State of the Union." The Obama campaign is sending former President Bill Clinton to campaign in Pennsylvania on Monday, but Mr. Emmanuel played down that move as well. "That...
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According to the Bureau of Labor Statistics, the unemployment rate rose from 7.8% to 7.9% for October. The number of unemployed in the US rose from 12,088,000 in September to 12,258,000 in October. An increase of 170,000. The good news is that non farm payrolls increased by +171,000. Of course, there are the defense contractor layoffs that the Obama Administration asked to be postponed until after the election, such as Lockheed. And there are job losses that will occur after the election (unless overturned) of 887,000 annually from EPA regulations going into effect (according to Senator im Inhofe, Ok). And...
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Buried in Friday’s Bureau of Labor Statistics report on the country’s unemployment situation was this disheartening fact: 9,000 employees of the mining and resource extraction sector lost their jobs in October. That brings total job losses in that sector to 17,000 since May, according to BLS.
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Are you better off today than four years ago? - By: Larry Walker, Jr. -According to the latest report from the Bureau of Labor Statistics, the official unemployment rate for all Americans rose by 1.3% since Barack Obama took office. But over the same period, the unemployment rate for Black Americans jumped by 10.9%, and the number of unemployed Black Americans climbed by 19.1%. So are we better off than we were four years ago? You might be, but the Black Community as a whole definitely is not. So will 90% of Blacks vote to re-elect Obama anyway? You betcha,...
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32 Years from Full-Employment- By: Larry Walker, Jr. - In the fairest sense, the U.S. Jobs Deficit has improved by an average of 30,000 jobs per month since January 1, 2011. And although this may be good enough for indifferent Obama loyalists, what it really means is that based on Barack Obama’s very best job creation averages to date, full employment is still another 32 years away. Based on yesterday’s Employment Situation Report, 171,000 nonfarm jobs were added in the month of October. However, since the U.S. needs to add a minimum of 320,850 jobs each and every month...
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...A dead-heat contest for Texas House District 43 pits Alice attorney and former Democratic state Rep. Yvonne Gonzalez Toureilles against J.M. Lozano, who was elected to the House as a Democrat in 2010 but switched parties in March, after new electoral maps made his district more-conservative. ..."Some people have told me it's almost like switching religions," said George Antuna, co-founder of Hispanic Republicans of Texas, which donated $2,500 to Lozano's campaign. "But when folks like J.M. switch, people look at it and say, 'I guess it's not so bad.'" Antuna claims the party has already made strides, pointing to Ted...
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According to the Bureau of Labor Statistics, the unemployment rate rose from 7.8% to 7.9% for October. The number of unemployed in the US rose from 12,088,000 in September to 12,258,000 in October. An increase of 170,000. The good news is that non farm payrolls increased by +171,000. Bear in mind that these numbers are misleading because Lockheed announced layoffs of 123,000, but was asked by the Obama Administration to delay the layoffs until after the election. So, add 123,000 to the number of unemployed and deduct 123,000 from the NFP jobs created of 171,000. So, the actual increase in...
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