Job Market Monitor
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Detroit | At least 4,100 teachers get layoff notices
At least 4,100 Detroit Public Schools teachers have received layoff notices and are being told that they can reapply for their jobs next month. Detroit Federation of Teachers union President Keith Johnson told The Detroit News (http://bit.ly/HI0fpe) that that notices were sent by the district this week. The layoffs are effective Aug. 24, shortly before … Continue reading
FED | Slow progress ahead on jobs | Reuters
Federal Reserve Chairman Ben Bernanke on Wednesday offered a tempered view of the U.S. economy, pouring cold water on the notion that recent upbeat signs herald a stronger recovery. Bernanke told Congress that unless growth accelerated, the unacceptably high U.S. unemployment rate would not keep dropping. But he stopped short of signaling further Fed bond … Continue reading
Worry in Tulsa that American Airlines Layoffs Could Become Industry Departures | StateImpact Oklahoma
When American Airlines announced bankruptcy-fueled layoffs at the company’s maintenance base in Tulsa, the initial worry was for the thousands of local workers slated for layoffs. That concern has spread to fear for Oklahoma’s aerospace industry itself. If plans to layoff 2,100 workers at the Tulsa maintenance base go through, the loss could mean losing … Continue reading
Employees asked to take voluntary layoffs at ATK » Latest news » Cumberland Times-News
While it may not be the best of times or the worst of times for Alliant Techsystems, the company faces a mixed bag of good news and bad news. Company employees were recently asked to volunteer for layoffs before mandatory layoffs might be ordered in late March. At the same time, the company won a … Continue reading
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