Job loss an early consequence of election
UPDATE Nov.10, 2012: For those questioning the link between President Obama's re-election and job cuts: Papa John's joins list of companies reducing workers' hours due to Obamacare.
Three days after the re-election of President Barack Obama, consequences are being felt. Dozens of companies have announced layoffs since Tuesday’s election, and the list is expanding rapidly. These companies alone represent thousands of jobs.
The companies announcing layoffs now include:
Westinghouse
Research in Motion Limited
Lightyear Network Solutions
Providence Journal
Hawker Beechcraft
Boeing
CVPH Medical Center
US Cellular
Momentive Performance Materials
Rocketdyne
Brake Parts
Vestas Wind Systems
Husqvarna
Center for Hospice New York
Bristol-Meyers
OCE North America
Darden Restaurants
United ***** Services Gulf
Add to this the number of businesses that announced closings on or since Election Day and the number of jobs lost in the last three days is startling.
SOME of the businesses closings announced in the past two days:
Caterpillar Inc. will close its plant in Owatonna Minn.
Mount Pleasant’s Albrecht Sentry Foods
The Target store at Manassas Mall Va.
Millennium Academy in **** Forest NC
Target Closing Kissimmee FL Location
The Andover Gift Shop in Andover MA
Grand Union ****** Markets Closing Storrs Location CT
Movie Scene Milford Location NH
Update: TE Connectivity Closing Greensboro Plant – 620 Layoffs Expected
Gomer’s Fried Chicken in South Kansas City
Kmart in Homer Glen
Fresh Market on Pine Street in Burlington
AGC Glass North America to permanently close its Blue Ridge Plant in Kingsport Tenn.
The Target store at Platte and Academy in Colorado Springs
The Roses store on Reynold Road in Winston-Salem NC
Meanders Kitchen losing its West Seattle location at 6032 California Ave
Bost Harley-Davidson at 46th Avenue North and Delaware Ave. in West Nashville TN
Townsend Booksellers in Oakland
The Kmart store in Parkway Plaza off University Drive in Durham NC – 79 Jobs Lost
Today’s additions-so far:
Mills Manufacturing NC (68)
TECO Coal Corporation (90)
Energizer Holdings Inc. (1,500)
Exide Technologies in Laureldale (150)
Southeastern Container (15),
UtahAmerican Energy Inc. (102),
The SCA plant in Barton - Plans Staff Reductions
Plexus Corp - Contract Loss = Layoffs
Yakima Regional Medical Center Washington (10+)
Crouse Hospital Syracuse NY (70)
Companies are pointing to two main factors that are leading to the reduction of workers: The economic impact of the Affordable Health Care Act (Obamacare), and the threat of the coming fiscal cliff. Business closings have an immediate and direct impact on the local economy in many ways, and coming just before Thanksgiving and Christmas is hard news for all.
Updated list of jobs lost since the election.
These job losses should not come as a surprise, the list of companies that publicly projected reducing workers if Obama were re-elected (meaning Obamacare is more likely to remain as is) is long. Combined with the stock market LOSING ALL GAINS MADE in 2011during the same time span, the early consequences of the election are being felt-the long-term consequences remain to be seen, but there is no question that the nation is off to precarious start. Expect a ****** November jobs report.
It is time to put the future of the country’s next generations ahead of political gain-we are approaching the point of no return with our fiscal policies and if not addressed now, it will be too late.
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UPDATE Nov.10, 2012: For those questioning the link between President Obama's re-election and job cuts: Papa John's joins list of companies reducing workers' hours due to Obamacare.
Three days after the re-election of President Barack Obama, consequences are being felt. Dozens of companies have announced layoffs since Tuesday’s election, and the list is expanding rapidly. These companies alone represent thousands of jobs.
The companies announcing layoffs now include:
Westinghouse
Research in Motion Limited
Lightyear Network Solutions
Providence Journal
Hawker Beechcraft
Boeing
CVPH Medical Center
US Cellular
Momentive Performance Materials
Rocketdyne
Brake Parts
Vestas Wind Systems
Husqvarna
Center for Hospice New York
Bristol-Meyers
OCE North America
Darden Restaurants
United ***** Services Gulf
Add to this the number of businesses that announced closings on or since Election Day and the number of jobs lost in the last three days is startling.
SOME of the businesses closings announced in the past two days:
Caterpillar Inc. will close its plant in Owatonna Minn.
Mount Pleasant’s Albrecht Sentry Foods
The Target store at Manassas Mall Va.
Millennium Academy in **** Forest NC
Target Closing Kissimmee FL Location
The Andover Gift Shop in Andover MA
Grand Union ****** Markets Closing Storrs Location CT
Movie Scene Milford Location NH
Update: TE Connectivity Closing Greensboro Plant – 620 Layoffs Expected
Gomer’s Fried Chicken in South Kansas City
Kmart in Homer Glen
Fresh Market on Pine Street in Burlington
AGC Glass North America to permanently close its Blue Ridge Plant in Kingsport Tenn.
The Target store at Platte and Academy in Colorado Springs
The Roses store on Reynold Road in Winston-Salem NC
Meanders Kitchen losing its West Seattle location at 6032 California Ave
Bost Harley-Davidson at 46th Avenue North and Delaware Ave. in West Nashville TN
Townsend Booksellers in Oakland
The Kmart store in Parkway Plaza off University Drive in Durham NC – 79 Jobs Lost
Today’s additions-so far:
Mills Manufacturing NC (68)
TECO Coal Corporation (90)
Energizer Holdings Inc. (1,500)
Exide Technologies in Laureldale (150)
Southeastern Container (15),
UtahAmerican Energy Inc. (102),
The SCA plant in Barton - Plans Staff Reductions
Plexus Corp - Contract Loss = Layoffs
Yakima Regional Medical Center Washington (10+)
Crouse Hospital Syracuse NY (70)
Companies are pointing to two main factors that are leading to the reduction of workers: The economic impact of the Affordable Health Care Act (Obamacare), and the threat of the coming fiscal cliff. Business closings have an immediate and direct impact on the local economy in many ways, and coming just before Thanksgiving and Christmas is hard news for all.
Updated list of jobs lost since the election.
These job losses should not come as a surprise, the list of companies that publicly projected reducing workers if Obama were re-elected (meaning Obamacare is more likely to remain as is) is long. Combined with the stock market LOSING ALL GAINS MADE in 2011during the same time span, the early consequences of the election are being felt-the long-term consequences remain to be seen, but there is no question that the nation is off to precarious start. Expect a ****** November jobs report.
It is time to put the future of the country’s next generations ahead of political gain-we are approaching the point of no return with our fiscal policies and if not addressed now, it will be too late.
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