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U.S. Employment Restructuring Report Q3 2011
 

U.S. Employment Restructuring Report Q3 2011

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The employment restructuring report is compiled by Kelly Services. It provides a timely review of economic, labor and hiring conditions in the relevant markets, with a detailed focus on the most ...

The employment restructuring report is compiled by Kelly Services. It provides a timely review of economic, labor and hiring conditions in the relevant markets, with a detailed focus on the most recent data regarding mass layoffs and restructuring. The report is compiled utilizing publicly available data from official, private and not-for-profit organizations. Published on a quarterly basis, the employment restructuring report is available in separate editions for the United States and European Union.

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    U.S. Employment Restructuring Report Q3 2011 U.S. Employment Restructuring Report Q3 2011 Presentation Transcript

    • 2011employmentrestructuring 3reportu n i t e d s tat e s e d i t i o n
    • 2 | employment restructuring report | united states edition Q3 2011contents summary p/3 metHodology notes: the employment 01 restructuring report is compiled using publicly available data from official, us labor market trends p/4 private and not-for-profit organizations. in general, 02 this report utilizes the Bls definition for ‘mass layoffs’, us regional labor trends p/7 (establishments which have at least 50 initial claims for 03 unemployment insurance filed against them during most heavily impacted sectors p/9 a 5-week period). Job creations and layoffs are 04 associated with their date of announcement, not the reasons for announced job losses p/12 scheduled completion date. 05 disclaimer: us labor market outlook p/14 This information is provided with the understanding 06 that it is not guaranteed to be correct or complete major announced us job layoffs p/16 and conclusions drawn from such information are the sole responsibility of about this report p/28 the user. Attempts have been made to ensure that this data or documentation is accurate and reliable; Kelly Services does not assume liability for any damages caused by inaccuracies in this data or documentation. Kelly Services grapHs makes no warranty, expressed or implied, US mass layoffs p/5 as to the accuracy, completeness, US job openings p/6 or utility of this Announced job layoffs by US region p/8 information, nor does the fact of distribution Announced US job layoffs by industry sector p/10 constitute a warranty. US job openings by industry sector p/11 Main reasons for job layoffs in the US p/13 Chicago Fed National Activity Index, Three Month Moving Average p/15
    • Home3 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends 03 most Heavilysummary ➔ The United States labor market continues an anemic pressure on unemployment in coming months. The month. But recent shocks to the economy and share to prevent unemployment remaining flat for some time. impacted sectors 04 reasons for announced trend, with employment unemployment rate has held market volatility have JoB losses growth struggling to remain steady since April at slightly unnerved both investors There is a very real possibility 05 us laBor market outlook positive. Despite signs of more than 9 percent, and the and consumers. The August that job layoffs will increase 06 maJor life earlier in the year, the US headwinds now hitting the figures, revised to 57,000 jobs as the economy undergoes announced us JoB layoffs labor market has reverted to a US economy will likely see it created, made it clear that any a difficult patch, and as aBout tHis prolonged period of sub-par stuck in a holding pattern until earlier optimism about jobs businesses that have withstood report job growth. job creation gets moving to a recovery was premature. the 2009 downturn and its point consistently upward of aftermath, finally succumb to During the second quarter 150,000/month. The debt-ceiling standoff, pressure to downsize. of 2011, real GDP increased at European sovereign debt an annual rate of 1.3 percent The number of layoffs concerns and even the Ultimately, there is the and the labor market remained recorded in the second Japanese earthquake have prospect that the economy largely unchanged, with quarter totaled almost 470,000 all conspired to derail hopes could lurch back into recession layoffs and job openings and while this was up slightly of a fledgling recovery. but that will probably depend holding to the pattern of on the first quarter, it is about on how markets absorb the previous months. 25,000 less than a year ago. Growth forecasts for the rest global debt situation. While of 2011 and into 2012 have in the US, the debt crisis has The economic recovery in the Employment growth during been lowered to a point that at least been subdued, in US continues but is extremely the second quarter averaged cannot absorb sufficient jobs Europe, it’s still a live issue. fragile, and this will place real fewer than 100,000 jobs/ tHe economic recovery in tHe us continues But is extremely fragile, and tHis will place real pressure on unemployment in coming montHs.
    • Home4 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends01 03 most Heavily ➔ The number of layoffs shows that the manufacturing impacted sectors ticked-up somewhat during sector recorded exceptional 04 reasons for announced the second quarter of 2011, lows in both the number of JoB losses 05 us laBor increasing by approximately layoff events and the number market outlookus laBor 52,000 to 469,760 of workers separated. 06 maJor announced earlier, and half a million revisions of the US economic us JoB layoffsmarket The pattern of layoffs has remained relatively stable at The national unemployment rate stood at 9.1 percent, with higher than in the trough in growth figures can only mean aBout tHis reporttrends under 500,000 since the start growth in payrolls still falling mid-2009. one thing – the unemployment rate will ratchet higher. This is of 2010, having seen a steady short of the long term trend. Since February, the level of The August data showed just hard to bear at any time, but decline from the peak of more job openings has remained 57,000 job gains however a jobless rate approaching 10 than 800,000 at the height of largely flat as the economy the jobs bill proposal has at percent approaching the 2012 the economic recession. has pulled back somewhat least ensured the issue has presidential election campaign from the more robust level of The figures from the Bureau a renewed urgency in US would be political poison. activity that prevailed in 2010. of Labor Statistics show that political discourse. Subdued domestic activity and All the evidence suggests that not only are fewer workers nervousness about debt, both The number of job openings more will need to be done to being impacted by layoffs, but in the US and Europe, mean across the US stood at 3.1 stimulate domestic activity and the actual number of layoff that private sector demand for million at the end of June, generate jobs growth, at least “events” is also declining. labor is lackluster. scarcely changed from the until the worst of the financial The breakdown of the previous month but about With job hiring already in the crisis is over and cyclical numbers into industry sectors 250,000 more than a year doldrums, further downward growth returns. 
    • 400000 Home5 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor 200000 market trends 2005/Q1 2005/Q3 2006/Q1 2006/Q3 2007/Q1 2007/Q3 2008/Q1 2008/Q3 2009/Q1 2009/Q3 2010/Q1 2010/Q3 2011/Q1 2005/Q2 2005/Q4 2006/Q2 2006/Q4 2007/Q2 2007/Q4 2008/Q2 2008/Q4 2009/Q2 2009/Q4 2010/Q2 2010/Q4 2011/Q2 02 us regional laBor trends 03 most Heavily impacted sectors 04 reasons for announced us mass layoffs (Q1 2005 to Q2 2011) JoB losses 05 us laBor market outlook 1,000,000 06 maJor announced us JoB layoffs aBout tHis 800,000 report 600,000 400,000 200,000 2005/Q1 2005/Q2 2005/Q3 2005/Q4 2006/Q1 2006/Q2 2006/Q3 2006/Q4 2007/Q1 2007/Q2 2007/Q3 2007/Q4 2008/Q1 2008/Q2 2008/Q3 2008/Q4 2009/Q1 2009/Q2 2009/Q3 2009/Q4 2010/Q1 2010/Q2 2010/Q3 2010/Q4 2011/Q1 2011/Q2 Source: US Bureau of Labor Statistics tHe august data sHowed Just 57,000 JoB gains However tHe JoBs Bill proposal Has at least ensured tHe issue Has a renewed urgency in us political discourse.
    • 1000000 Home contents 5000006 | employment restructuring report | united states edition Q3 2011 summary 0 01 us laBor market trends March 2008 2008September 2008 FebruaryApril 2009July 20092009 2009 FebruaryApril 2010July 201020102010 FebruaryApril 2011 2011 April 2008July 20082008 2008 2008 2009 June August November 2009 2010 2010 2010 MayJune August November 2008 2009 2009 2009September 2009 2009 2010 June August November 2010 2011 2011 2011 2008 October JanuaryMarch May December 2009 October JanuaryMarch May December 2010 October 2010 2010 2011 June SeptemberDecember March May January 02 us regional laBor trends 03 most Heavily impacted sectors 04 reasons for announced us JoB openings (marcH 2008 to June 2011) JoB losses 05 us laBor market outlook 4,000,000 06 maJor announced us JoB layoffs 3,500,000 …a JoBless rate aBout tHis report approacHing 3,000,000 10 percent approacHing tHe 2,500,000 2012 presidential election campaign 2,000,000 would Be political 1,500,000 poison. 1,000,000 500,000 0 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 May 2009 June 2009 July 2009 August 2009 September 2009 October 2009 November 2009 December 2009 January 2010 February 2010 March 2010 April 2010 May 2010 June 2010 July 2010 August 2010 September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 Source: US Bureau of Labor Statistics
    • Home7 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends02 03 most Heavily ➔ All of the four major US has also seen the greatest Pennsylvania, New York and impacted sectors census regions experienced an improvement over the course Ohio. Eighty per cent of those 04 reasons for announced increase in layoffs during the of the past year. There has who were affected by layoffs JoB losses second quarter. As in earlier been an improvement in were in metropolitan areas. 05 us laBor market outlook periods, the West suffered layoffs in the Midwest, whileus regional the largest number of layoffs numbers have deteriorated in The worst affected area for 06 maJor announced us JoB layoffslaBor – 132,114, followed by South (131,322), Midwest (103,956), the Northeast and South. displaced workers was in the Los Angeles-Long Beach- aBout tHis reporttrends and Northeast (102,368). During the quarter, the state Santa Ana area of California. of California suffered While the West has the the greatest number of largest share of layoffs, it layoffs, followed by Illinois,
    • 50000 Home8 | employment restructuring report | united states edition Q3 2011 contents summary 0 Northeast South Midwest West 01 us laBor market trends 02 us regional laBor trends 03 most Heavily impacted sectors 04 reasons for announced announced JoB layoffs By us region (Q1 2009 to Q2 2011) JoB losses 05 us laBor market outlook 300,000 06 maJor announced us JoB layoffs 250,000 aBout tHis report 200,000 150,000 100,000 50,000 0 Northeast South Midwest West Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Source: US Bureau of Labor Statistics tHere Has Been an improvement in layoffs in tHe midwest, wHile numBers Have deteriorated in tHe nortHeast and soutH.
    • Home9 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends03 03 most Heavily ➔ The largest number of During the second quarter, extensive separations across some type of recall of those impacted sectors layoffs in the second quarter 65 percent of employers the country. laid off – the highest since 04 reasons for announced of 2011 occurred in the anticipated recalling some of 2005. JoB losses these workers. Transport and warehousing 05 us laBor manufacturing sector with market outlook has seen layoffs gradually Meanwhile job openingsmost 95,289 positions disappearing, however the sector’s overall The administrative and waste increase over the past year, at the end of the second 06 maJor announced us JoB layoffsHeavily performance improved services sector had the second largest share of total reaching 49,421 in the latest period. quarter had improved in professional business aBout tHis report considerably. Layoffs inimpacted manufacturing were 20,000 layoffs in the period, behind One bright spot is that the services; trade, transportation manufacturing, with some & utilities; leisure &sectors less than in the previous month 56,000 workers displaced. situation for many displaced hospitality, and government. and almost 40,000 fewer than workers may not be as grim Openings deteriorated in in the final months of 2010. There was a significant rise as the bare figures suggest education & health services, in layoffs in the healthcare and construction, while – some 61 percent of private Within the manufacturing and social services sector, sector employers indicated manufacturing was stable. sector, the largest increase in with losses jumping by some layoffs occurred in the food 22,000 to 29,431 and transport equipment sub sectors. The government sector also fared badly in the wake of The construction sector also widespread budget tightening, saw a substantial decline in with three successive quarters layoffs – down approximately of declines being punctured 10,000 in the quarter to some by a 32,000 rise, taking total 29,000, and also well down public sector layoffs to 50,000 on the recent peak of 70,000 in the quarter. Teachers have in the final quarter of 2010. suffered especially badly, with
    • Home10 | employment restructuring report | united states edition Q3 2011 contents 50000 summary 01 us laBor market trends 02 us regional 0 laBor trends Manufacturing and Transportation and warehousing services social assistance Administrative waste services Government Accommodation andRetail trade Healthcare and food Construction Professional and technical servicesrecreation Wholesale trade Information entertainment andand insurance services Arts, Finance Educational 03 most Heavily impacted sectors 04 reasons for announced announced us JoB layoffs By industry sector – non-farm (Q2 2010 to Q2 2011) JoB losses 05 us laBor market outlook 200,000 06 maJor tHe construction Q2 2010 announced sector also saw us JoB layoffs Q3 2010 aBout tHis a suBstantial report 150,000 Q4 2010 decline in Q1 2011 layoffs – down approximately Q2 2011 10,000 in tHe 100,000 Quarter to some 29,000, and also well down on tHe 50,000 recent peak of 70,000 in tHe final Quarter of 2010. 0 Manufacturing Administrative and waste services Government Transportation and warehousing Accommodation and food services Retail trade Healthcare and social assistance Construction Information Professional and technical services Arts, entertainment and recreation Finance and insurance Educational services Wholesale trade Source: US Bureau of Labor Statistics
    • Professional Business Services Education and Health Services Trade, Transportation and Utilities Hospitality Government Leisure and Manufacturing Construction Home11 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends 03 most Heavily impacted sectors 04 reasons for announced us JoB opening By industry sector (april 2011 to June 2011) JoB losses 05 us laBor market outlook 700,000 06 maJor announced us JoB layoffs 600,000 aBout tHis report 500,000 JoB openings at tHe end of tHe 400,000 second Quarter Had improved 300,000 in professional Business 200,000 services; trade, transportation & 100,000 utilities; leisure & 0 Hospitality, and Business Services Health Services and Utilities Hospitality Government Manufacturing Construction Professional Education and Trade, Transportation Leisure and government. April 2011 May 2011 June 2011 Source: US Bureau of Labor Statistics
    • Home12 | employment restructuring report | united states edition Q1 2011 contents summary 01 us laBor market trends 02 us regional laBor trends04 03 most Heavily ➔ The US economy might One explanation may be that were unequivocal during the 13,000 layoffs in the latest impacted sectors be slowing somewhat but the some businesses have yet economic recession, and this quarter, while seasonal 04 reasons for announced cyclical decline is yet to show to interpret the economic factor has dropped steadily factors were responsible for JoB losses more than eight times that. 05 us laBor up in the reasons cited by slowdown as a cyclical over the past two years. market outlook employers for layoffs during phenomenon, preferring to Organizational changesreasons for the quarter. view it as a seasonal influence. Business demand was accounted for less than 6,000 06 maJor announced us JoB layoffsannounced Rather, the major reason It’s often not until the official responsible for approximately 67,000 separations in the displaced workers. aBout tHis report data confirms a slowdownJoB losses that businesses have given that enterprises are able to latest quarter, down from to explain the cutbacks is a peak of 450,000 two differentiate the reasons for a “seasonal impacts”. In fact years ago. change in the level of activity. “business demand” is at a series low, as is a related factor What is clear is that firms Financial issues were “financial issues”. blaming business demand responsible for approximately Business demand: Contract cancellation, contract completion, domestic completion, excess inventory/saturated market, import completion or insufficient demand organizational cHanges: Business restructure or change of ownership financial issues: Bankruptcy, falling profits or financial difficulty
    • Q 50000 Home13 | employment restructuring report | united states edition Q3 2011 contents Q 0 summary Q Seasonal impacts Business demand Financial issues Organizational changes 01 us laBor market trends 02 us regional laBor trends 03 most Heavily Q impacted sectors 04 reasons for announced main reasons for JoB layoffs in tHe us (Q2 2009 to Q2 2011) JoB losses 05 us laBor market outlook 350,000 Q2 2009 06 maJor announced Q Q3 2009 us JoB layoffs 300,000 Q4 2009 aBout tHis report Q 250,000 Q1 2010 Q2 2010 Q 200,000 Q3 2010 Q 150,000 Q4 2010 Q1 2011 Q 100,000 Q2 2011 Q 50,000 Q 0 Seasonal impacts Business demand Financial issues Organizational changes Q Source: US Bureau of Labor Statistics Q Business demand was responsiBle for approximately 67,000 separations in tHe latest Quarter, down from a peak of 450,000 two years ago.
    • Home14 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends05 03 most Heavily ➔ It seems hard to unemployment rates elevated been all but exhausted, with debt-ceiling stalemate, and impacted sectors envisage the circumstances for the next several years. interest rates low and budgets providing Europe avoids its 04 reasons for announced where the US economy and in deep deficit. own financial meltdown, it JoB losses The way this plays out will is feasible that the return to 05 us laBor labor market will improve, market outlook not rest entirely within the The jobs act proposal, whilst trend growth could returnus laBor at least in the near term. All the signs point to at US economy. The sovereign well-received in many circles, within 12-18 months. 06 maJor announced us JoB layoffsmarket least a stagnation in debt situation in Europe and the associated banking crisis has a tough road ahead to approval and potential impact Indeed one illuminating aBout tHis reportoutlook GDP and hence in output and employment. have the potential to impose in the medium-term. statistic comes from the Chicago Fed National Activity a heavy burden on the global The real driver of prosperity Index (CFNAI) which suggests Already the forecast for real economy. A setback there will be the return of that the current soft patch in GDP over the next year has could derail growth across the widespread private sector the US may already be been cut from near 3% to just developed world. growth and profitability. Across ending. The index which is over 1%. Some will see even the corporate landscape, it a weighted average of 85 And with the US presidential that prediction as optimistic, has been a mixed bag, with indicators of national activity election campaign already expecting to see a dip into some firms posting quite suffered a steep fall in April going through a dry-run, there negative territory. respectable financial results. but has turned positive in will be political pressure to do It does suggest that the US May and June. But even accepting the more to stimulate economic currently has a cold, rather most optimistic scenario, activity, support struggling It could be that the recession than the flu. there will still not be sufficient industries, and create jobs. that so many were forecasting growth to absorb those Unfortunately, the available If the US can overcome just a few months ago isn’t looking for work, keeping fiscal and monetary tools have the fallout from the messy going to eventuate.
    • Home15 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends 03 most Heavily impacted sectors 04 reasons for announced JoB losses cHicago fed national activity index, tHree montH moving average 05 us laBor market outlook 06 maJor 1.0 announced +0.7 ABOVE us JoB layoffs TREND aBout tHis it could Be tHat report tHe recession 0.0 TREND tHat so many -0.7 are forecasting -1.0 isn’t going to eventuate. BELOW TREND -2.0 -3.0 -4.0 1998 2000 2002 2004 2006 2008 2010 2012 Source: Federal Reserve Bank of Chicago
    • Home16 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons Acme Markets 900 Retail April for announced Acxiom Corp 45 Media April JoB losses Alliant Techsystems Inc 104 Technology April 05 us laBor market outlook Apogee Medical 100 Health & Medical AprilmaJor ARAMARK Management Services, LLP 278 Business services April 06 maJor announced us JoB layoffsannounced AT&T Messaging Services LLC groups in San Antonio Aware of Anaconda 60 80 Telecommunications Health & Medical April April aBout tHis reportus JoB BAE Systems in Sealy TX Bank of America BofA 600 1500 Aerospace Banking & Finance April Aprillayoffs Baptist Regional Medical Center 100 Health & Medical April Ben Ezra & Katz Law Firm 146 Business services Aprilapril to June 2011 Big Bend Hospice 40 Health & Medical April Bremner Food Group Poteau cracker plant 135 Manufacturing April Bristol School District PA 60 Education April Capital One 62 Banking & Finance April Capstone Corp. in VA 63 Defense April Cincinnati Public Schools 200 Education April Cisco 550 Technology April CitiMortgage 400 Banking & Finance April City of Waukegan 70 Government April Claiborne Parish Schools La 60 Education April Cleveland County NC 41 Government April Cleveland Ohio 350 Government April Coachella Valley Unified School District 100 Education April Detroit Schools 5000 Government April Downey Unified School District CA 71 Education April DRS Laurel Technologies in Johnstown PA 100 Technology April DST Output West LLC 90 Technology April
    • Home17 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons EMCom 30 Technology April for announced FCC Equipment Financing in Florida 57 Retail April JoB losses Ford F150 Plant 200 Manufacturing April 05 us laBor market outlook Fostoria school Ohio 38 Education April 06 maJor General Aluminum Manufacturing Co. 67 Manufacturing April announced us JoB layoffs Genzyme Genetics 169 Health & Medical April aBout tHis Grossmont school district CA 41 Education April report Halifax Shipyard 50 Manufacturing April Hamilton Sundstrand in Windsor Locks 214 Aerospace April Hewlett Packard Co. Office in PA 90 Technology April HSBC 360 Banking & Finance April Huntsville Alabama Schools 280 Education April Hutcheson Medical Center in Fort Oglethorpe Georgia 75 Health & Medical April Idaho National Laboratory 53 Manufacturing April Indianapolis Public Schools 271 Education April Jersey City NJ 108 Government April Jostens 230 Manufacturing April Katy Independent School District TX 350 Education April Kawasaki Plant in Lincoln 115 Manufacturing April Kraft Foods on South Second Street in Coshocton 125 Manufacturing April L 3 Communication Systems 45 Technology April LabCorp Mass. Office 146 Health & Medical April Lamers Bus Lines Milwaukee Area 212 Transport April MassMutual Springfield Mass 75 Technology April Medicare claims processor Palmetto 97 Health & Medical April Medtronic Twin Cities Minn. 270 Health & Medical April Meijer Inc 89 Retail April Modesto Junior College 40 Education April
    • Home18 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons Monroe Public Schools Michigan 343 Education April for announced Moorpark, Oxnard and Ventura colleges 36 Education April JoB losses NASA Marshall Space Flight Center in Huntsville AL 300 Aerospace April 05 us laBor market outlook NASA Space Shuttle Contractors 2800 Aerospace April 06 maJor Nevada Cancer Institute 150 Health & Medical April announced us JoB layoffs New Sabina 46 Manufacturing April aBout tHis Newman Technology Inc Ohio 130 Technology April report Nokia 6000 Telecommunications April NURRC Bottle Recycle Plant in Spartanburg SC 50 Manufacturing April NY Court System 500 Government April Parkland School District PA 60 Education April Peapod by Giant 120 Retail April Plymouth Canton Community Schools Michigan 269 Education April Princeton school district Ohio 110 Education April Raytheon in Goleta 160 Manufacturing April Realtime Results 180 Telecommunications April RehabCare Group 140 Health & Medical April Salinas City Elementary School District CA 32 Education April Salinas Valley Memorial Hospital 200 Health & Medical April Schneider Electric 30 Manufacturing April Sodexo Inc at Buffalo State College 200 Education April South Florida Water Management District 91 Government April Spring Branch Independent School District 350 Education April St. James Healthcare in Butte Mont. 33 Health & Medical April Stark County Department of Job and Family Services 30 Government April Ohio Sykes Enterprises Inc 76 Telecommunications April Teleperformance ASD 1223 Telecommunications April
    • Home19 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons The Canutillo School District Texas 30 Education April for announced The City of Gresham Oregon 36 Government April JoB losses The Clark County School District 200 Education April 05 us laBor market outlook The Day Publishing Co 38 Media April 06 maJor The Emporia Tyson Foods plant 60 Manufacturing April announced us JoB layoffs The Federal Reserve Bank of Dallas San Antonio branch 70 Banking & Finance April aBout tHis The Fort Bend school district Texas 483 Education April report The Hudson Schools Wisconsin 40 Education April The Katy Independent School District Texas 500 Education April The Kent School District WA 110 Education April The Kyrene School District AZ 40 Education April The New Albany Floyd County school KY 38 Education April The Pocono Mountain School District PA 80 Education April The Santa Barbara School District CA 160 Education April The Shippensburg Area School District PA 36 Education April The Wappingers Central School District NY 35 Education April THQ 30 Technology April Trenton Schools 59 Education April TShirt International Inc. in Oak Creek 99 Manufacturing April Union City school district NJ 450 Education April United Space Alliance 535 Aerospace April Valley Mental Health 100 Health & Medical April Washington Hospital Center 200 Health & Medical April Wells Fargo & Co 1,900 Banking & Finance April Willamette Education Service District 90 Education April Workflow One 44 Retail April Xunlight Solar Business 30 Technology April Allentown PA School District 265 Education June
    • Home20 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons American Red Cross 400 Community services June for announced Array Bio Pharma 70 Pharmaceuticals June JoB losses BAE Systems 132 Defense June 05 us laBor market outlook Barber Foods 82 Manufacturing June 06 maJor Bath Iron Works Maine 250 Manufacturing June announced us JoB layoffs Boeing Co Space Exploration Division 510 Defense June aBout tHis Boeing in Wichita Kansas 225 Aerospace June report Caddo Parish school La 163 Education June Cagle’s Inc Pine Mountain Valley, Ga 300 Technology June Campbells Soup Company 770 Manufacturing June CH2M Hill Plateau Remediation Co 148 Contracting June Chicago’s Transit Agency 54 Government June CHR Solutions 40 Business services June Chromalloy Nevada 41 Manufacturing June City of San Jose 156 Government June Columbia St. Mary’s Inc 30 Health & Medical June Columbia St. Mary’s Inc. 150 Health & Medical June Contract Pharmaceuticals Ltd 33 Pharmaceuticals June Credit Suisse 600 Banking & Finance June Crow Tribe 150 Community services June Dakota County Technical College 100 Education June DeVry Inc Phoenix Office 135 Education June Diageo plc 55 Production June Fermilab Fermi National Accelerator Laboratory 100 Research & development June First Student Inc in Glen Ellyn IL 80 Transport June Flextronics Americas LLC 113 Manufacturing June Flextronics in Mass. 254 Manufacturing June Florida Extruders International Inc 81 Manufacturing June
    • Home21 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons Ford Motor Co Buffalo NY Stamping Plant in Woodlawn 150 Manufacturing June for announced Gannett Co 700 Media& Marketing June JoB losses Gary Indiana School Teachers 400 Education June 05 us laBor market outlook General Dynamics 4C Systems 500 Defense June 06 maJor Goldman Sachs 230 Banking & Finance June announced us JoB layoffs Grady Memorial Hospital 120 Health & Medical June aBout tHis Hall County GA 32 Government June report Hamilton County Tenn. 37 Government June Harpo Studios 250 Entertainment June Harrisburg School PA 200 Education June Hawaii Telcom 100 Telecommunications June Immigration Facility in Raymondville 120 Government June Infinia 40 Manufacturing June Infogroup 140 Marketing June Intertek USA Inc. in Houston Texas 63 Research & development June Jersey City NJ 52 Government June Kansas Labor Agency 80 Government June Kentwood Public Schools Michigan 60 Education June Lakeland Regional Medical Center 133 Health & Medical June Legend3D 60 Entertainment June Lexington Richland 5 Schools SC 45 Education June LifeSource 63 Security June Lockheed Martin Corp 1500 Aerospace June Lockheed Martin Corp. 95 Defense June Lockheed Martin’s Space Systems Company 1,200 Defense June Majestic Star Casinos 50 Entertainment June Memphis Tenn City Schools 40 Education June Memphis Tenn. 125 Government June
    • Home22 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons Meredith Corp 75 Media June for announced Milwaukee Public Schools 519 Education June JoB losses Monterey County CA 182 Government June 05 us laBor market outlook Myspace 150 Technology June 06 maJor Nassau County NY 128 Government June announced us JoB layoffs Navitor East and Drawing Board Inc. in Waynesboro PA 49 Business services June aBout tHis New Britain school CT 30 Education June report New Energy Corp IN 30 Resources June New Mexico State Agencies 44 Government June North Las Vegas 40 Government June Oakwood in Somerset KY 168 Government June OneWest Bank Financial Freedom Office in Irving CA 65 Banking & Finance June ORC Industries 153 Manufacturing June Ottumwa Regional Health Center Iowa 43 Health & Medical June PAETEC Palm Harbor Call Center 71 Telecommunications June Par Pharmaceutical Cos 100 Pharmaceuticals June Penguin Windows 121 Manufacturing June Pfizer in East Tenn. 117 Pharmaceuticals June Piedmont Healthcare 464 Health & Medical June Providence RI 125 Government June Public school districts in the Jackson County Area 170 Education June Michigan RIM Research in Motion 200 Manufacturing June Riverside County Sheriff 100 Government June Sacramento County CA 300 Government June Sacramento District Attorney’s Office 42 Government June Saint Agnes Medical Center 150 Health & Medical June Salem Keizer school district Oregon 248 Education June
    • Home23 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons San Joaquin County CA 88 Government June for announced Sears Kmart Appliances Staff 700 Retail June JoB losses Sikorsky Military Completions Center in Horseheads 400 Defense June 05 us laBor market outlook Sisters of Mercy Health System 113 Health & Medical June 06 maJor South Bend Schools Corporation IN 68 Education June announced us JoB layoffs St. John’s Hospital 45 Health & Medical June aBout tHis Tectrans Inc. FL 163 Transport & logistics June report Teleperformance in PA 306 Telecommunications June Teva Parenteral Medicines in Irvine CA 156 Government June The Allentown School District PA 165 Education June The Bethlehem Area School Board PA 145 Education June The city of Compton CA 100 Government June The City of Houston Texas 747 Government June The city of Taylor 48 Government June The Dayton Public Schools Ohio 179 Education June The Department of Corrections Tallahassee FL 111 Government June The Florida Department of Corrections 230 Government June The Indianapolis Star 81 Media June The Minneapolis school district 118 Education June The Mississippi Department of Employment Security 40 Government June The Monroe Public School MI 361 Education June The Oregon Youth Authority 119 Government June The Oregonian 38 Media June The Recovery School District New Orleans 70 Education June The Sikorsky Aircraft Corp 386 Defense June The St. Paul Minnesota Schools 300 Education June The Texas Youth Commission 40 Government June Trident Health System 35 Health & Medical June
    • Home24 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons United Airlines and Continental Airlines Merger 1500 Aerospace June for announced UT Health Science Center in San Antonio 150 Health & Medical June JoB losses Walt Disney Studios 250 Entertainment June 05 us laBor market outlook Wells Fargo & Co Sioux Falls 49 Banking & Finance June 06 maJor Wells Fargo/Wachovia in Roanoke Co VA 59 Banking & Finance June announced us JoB layoffs Wyoming Schools Michigan 85 Education June aBout tHis A.L. Blades & Sons 68 Construction May report Agawam school Mass 31 Education May Alliant Techsystems in Rocket Center W. VA 31 Technology May Aramark Aviation Services at Memphis International 130 Transport May Airport Astrazeneca Westborough Mass. 135 Pharmaceuticals May BAE 200 Defense May Berkeley Township school district NJ 30 Education May Berkley School District MI 45 Education May BestSweet Deal 85 Pharmaceuticals May Black Rock Studio 40 Entertainment May Boeing in Heath 62 Health & Medical May Bozeman’s Darigold milk processing plant 30 Manufacturing May Bush Intercontinental Airport in Houston Texas 100 Transport May Canon U.S.A. Inc 70 Technology May Cardiac Science 54 Health & Medical May Central Bucks School District PA 82 Education May CEVA Logistics 194 Transport & logistics May Champlain Valley Educational Services 60 Education May Charlotte Mecklenburg Schools NC 739 Education May City of Cleveland Ohio 321 Government May City of Houston TX 445 Government May
    • Home25 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons City of Oceanside 31 Government May for announced City of Reno NV 82 Government May JoB losses Cleveland Municipal Courts Ohio 37 Government May 05 us laBor market outlook Cognis Corporation headquarters in Winton Hills Ohio 108 Manufacturing May 06 maJor Colton Joint Unified school District CA 72 Education May announced us JoB layoffs Cornell Scott Hill Health Center in CT 30 Health & Medical May aBout tHis Costa Mesa CA 41 Government May report Criticare Systems Inc. in Pewaukee 42 Manufacturing May Crytek 30 Telecommunications May CVS Caremark Corp. Call Center in Richardson 250 Telecommunications May Danversbank 91 Banking & Finance May Datalogic 125 Retail May Dentsply GAC 116 Manufacturing May Dow Jones site in South Brunswick 30 Banking & Finance May DRS Technologies 65 Technology May Elmira School District NY 89 Education May Energy Conversion Devices 300 Technology May Fairview Health Services 240 Health & Medical May Florida United Space Alliance LLC 1942 Aerospace May Fontana Unified School District CA 129 Education May General Dynamics 112 Defense May Gulf Air 200 Aerospace May Hasbro Inc 75 Manufacturing May Hemlock Semiconductor Group 40 Manufacturing May Indiana Live Casino in Shelbyville Indiana 30 Entertainment May Insight Schools Bellevue Washington 168 Education May Iowa Department of Natural Resources 100 Government May IU Health LaPorte Hospital 100 Health & Medical May
    • Home26 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons KeyCorp in Greater Cleveland 64 Technology May for announced Kurz Kasch 56 Manufacturing May JoB losses La Mesa and Spring Valley schools CA 104 Education May 05 us laBor market outlook Lansing school District 325 Education May 06 maJor Levittown Schools NY 108 Education May announced us JoB layoffs Liberty Resources Inc 132 Community services May aBout tHis Lockheed Martin 227 Aerospace May report Lower Hudson Valley Courts NY 41 Government May Massachusetts Department of Public Health 50 Government May Mattawan Consolidated School district Michigan 207 Education May MGM Gold Strike casino in Jean 64 Entertainment May Modesto City Schools CA 49 Education May Northrop Grumman 200 Defense May Northville School MI 59 Education May Novell Provo Office 700 Technology May NY Courts 367 Government May Petoskey’s Northern Michigan Regional Hospital 50 Health & Medical May Pfizer Inc Pearl River Plant 119 Pharmaceuticals May Pratt & Whitney Rocketdyne 300 Aerospace May Precision Camera & Video Repair Inc 115 Technology May Providence RI 80 Government May Riverside County 800 Government May Roseburg Forest Products 200 Manufacturing May Saginaw School District MI 127 Education May Sara Lee Corp. 62 Manufacturing May Save Mart Supermarkets CA 56 Retail May South Bend schools Indiana 122 Education May Spokane Public Schools Washington 238 Education May
    • Home27 | employment restructuring report | united states edition Q3 2011 contents summary 01 us laBor market trends 02 us regional laBor trends06 03 most Heavily Organization Total (approx) Industry Month impacted sectors 04 reasons Springfield Mass 30 Government May for announced Stark Manufacturing 48 Manufacturing May JoB losses The Borgata Hotel Casino & Spa NJ 50 Entertainment May 05 us laBor market outlook The City of Salinas CA 60 Government May 06 maJor The Coachella Valley Unified School District 103 Education May announced us JoB layoffs The Florida Times Union 30 Media May aBout tHis The Garvey School District CA 50 Education May report The Houston Public Library 39 Government May The Humboldt County CA 50 Government May The Iberville Parish School Board La 100 Education May The Job Council in Oregon 39 Government May The Kent School District WA 110 Education May The Long Beach Unified School District CA 789 Education May The Pocono Mountain School District PA 165 Education May The Polk County School District FL 261 Education May The Reynolds School District Oregon 100 Education May The Salinas City Elementary School District CA 33 Education May The San Francisco Public Schools CA 152 Education May The Sequoia Union High School District CA 33 Education May The Utica School District 43 Education May Townsend Chicken Processor in NC 145 Food May Tripwire 50 Security May U.S. Virgin Islands Gov. 500 Government May Unified School District 125 Education May Wake County Public School NC 100 Education May Wichita public schools 168 Education May Yonkers Public Schools NY 700 Education May Zipper Interactive 33 Entertainment May Source information: Details of job losses are derived from a range of publicly available business information and news services including dailyjobcuts.com, Forbes, Reuters, Associated Press, and localized media across the U.S.
    • About the Author todd WheAtlAnd, VP thought leadership With 15 years experience in the human resources and workforce consulting space, todd has overall responsibility for thought leadership at Kelly Services. he has degrees in Commerce (economics / Marketing) from uWA and Communication from Curtin university. linkedin: www.linkedin.com/in/wheatland twitter: www.twitter.com/toddwheatlandAbout thiS rePortthe employment restructuring report is compiled by Kelly Services. it provides a timely review of economic, labor and hiring conditions in therelevant markets, with a detailed focus on the most recent data regarding mass layoffs and restructuring. the report is compiled utilizing publiclyavailable data from official, private and not-for-profit organizations. Published on a quarterly basis, the employment restructuring report is available inseparate editions for the united States and european union.About Kelly SerViCeS®Kelly Services, inc. (nASdAQ: KelyA, Kelyb) is a leader in providing workforce solutions. Kelly® offers a comprehensive array ofoutsourcing and consulting services as well as world-class staffing on a temporary, temporary-to-hire and direct-hire basis. Serving clientsaround the globe, Kelly provides employment to more than 530,000 employees annually. revenue in 2010 was $5 billion.to reCeiVe thiS rePortthis report is available to registered subscribers at www.kellyocg.comA Kelly SerViCeS rePortAll trademarks are property of their respective owners. © 2011 Kelly Services, inc.kellyservices.com