Free Republic

Elon Musk, wielding a chainsaw, is overseeing a rapid shrinking of the nation’s largest employer: the federal government. There’s no doubt the federal government’s 3.02 million-person civilian workforce is massive. Yet some economists are confident the widespread terminations spearheaded by Musk’s Department of Government Efficiency (DOGE) will likely not devastate the national economy or even topple the historically strong jobs market. “It’s not going to tip the economy into recession by itself,” said Stephanie Roth, chief economist at Wolfe Research. That’s in part because the federal layoffs are expected to affect a small fraction of the much larger US labor...

New Treatment Gets Rid Of Cellulite Saddlebags PLANO, Texas -- Women work hard at ridding their bodies of cellulite. They press, step and cycle in an effort to drop the saddlebags. FeedRoom New Treatment Banishes Cellulite Still, it's a struggle to trim down the thighs and show legs that are free of cellulite. "I do eat right," Valerie said. "I exercise, but it's just something I can't get (rid of)." Valerie, who asked that her last name not be used, turned to a relatively new treatment, called LipoLite, to smooth out the ripples behind her thighs. LipoLite is a combination...

Analysts say related position losses likely across region after Maytag closing, Mitsubishi cuts Maytag. Mitsubishi. Two strikingly different situations, with all too similar results: Hundreds of central Illinois manufacturing workers face unemployment by week's end. In all, about 2,000 workers - 1,200 from Mitsubishi Motors North America plant in Normal and 800 at Maytag's Galesburg refrigeration plant - are expected to be furloughed between Wednesday and Sept. 24. And that's just the tip of the iceberg.

For education and discussion only. Not for commercial use. Although Brown & Williamson's pending Macon plant closure will cost 2,100 jobs, nearly seven times that many could be forced out of work because of what economists call the multiplier effect. "We've estimated that the loss of those 2,100 jobs and the closure of the plant would ultimately produce a total job loss of about 14,000 in the state of Georgia," said Bill Riall, an economist with the Economic Development Institute at Georgia Tech. "The multiplier effect is spread out all over the state." The loss of net state taxes alone...

For education and discussion only. Not for commercial use. Franklin Electric announced it's shutting down its Jonesboro factory, laying off all 77 workers over the next 14 months and sending their jobs to Mexico. In nearby Marion, more bad news General Cable and Bell Packaging confirmed they too may close leaving another 350 jobs up in the air. Thomson, once the county's largest employer cuts its workforce in half. Ironically, the news of continued hard times in Grant County comes amidst news of the nation's best economic growth in nearly 20 years. Consumer spending is up considerably and thanks to...

For education and discussion only. Not for commercial use. Macon business leaders say the possible loss of 2,100 jobs from the Brown & Williamson closure could create a ripple effect that touches many industries. Though some said they'd heard rumors of a merger or possible closure for months, most described the news that the Macon plant could close as devastating. "We're in shock right now. Macon's got to attract more businesses. We've got to grow like other areas are growing," said Terry Tiller, general sales manager at Riverside Ford. Tiller said Macon's leaders need to focus on issues such as...

<p>COMMUNITY: Restaurants, other businesses that depend on workers' salaries expect to share the pain.</p> <p>FERNDALE - As word spread Wednesday afternoon that Alcoa Intalco Works will lay off one-third of its workers, people reacted with sadness for the 200 families, concern about ripple effects and fear that the worst is still to come.</p>

For education and discussion only. Not for commercial use.GREENSBORO, N.C. - Cone Mills Corp., the world's largest maker of denim fabric, late Wednesday filed for Chapter 11 bankruptcy on the eve of its annual shareholders meeting. Cone Mills said it has accepted an offer from financier Wilbur Ross - announced Sept. 16 - to buy the company's assets for $90 million. The 112-year-old company makes the fabric for Levi's jeans, among others. It employs more than 3,000 people in five factories in North Carolina and South Carolina along with a joint venture in Mexico. Cone Mills headquarters will remain in...