U.S. Employment Restructuring Report Q2 2012Presentation Transcript
2012employmentrestructuring 2reportu n i t e d s tat e s e d i t i o n
2 | Employment Restructuring Report | united states edition Q2 2012contents Summary p/3 METHODOLOGY NOTES: The Employment 01 Restructuring Report is compiled by Kelly Outsourcing Group, a US labor market trends p/4 division of Kelly Services. It aims to provide a summary 02 of the leading factors contributors to labor and US regional labor trends p/7 hiring conditions in the relevant markets, with a 03 special focus on up-to-date layoffs and job creation Most heavily impacted sectors p/9 statistics. It is compiled from publicly available data 04 from official, private and not-for-profit organizations. US labor market outlook p/12 05 DISCLAIMER: Major announced US job layoffs p/13 This information is provided with the understanding About this report p/21 that it is not guaranteed to be correct or complete and conclusions drawn from such information are the sole responsibility of 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 graphs documentation. Kelly Services US mass layoffs P/5 makes no warranty, expressed or implied, US job openings P/6 as to the accuracy, completeness, Announced job layoffs by US region P/8 or utility of this Announced US job layoffs by industry sector P/10 information, nor does the fact of distribution US job openings by industry sector P/11 constitute a warranty.
home3 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends 03 most heavilysummary ➔ Promising signs of recovery in the US labor Notwithstanding the broad- based jobs recovery, the There are now clear signs of a broad-based recovery in the The rising crude oil price and the dawdling response to the impacted sectors 04 US labor market outlook market emerged in the number of layoffs rose during US labor market, supported European financial crisis both 05 major final quarter of 2011 as the quarter by 55,000 to a by improved consumer pose significant downside announced US job layoffs economic growth rebounded total of 488,329, on par with and business confidence, a risks to the US recovery. about this stronger stock market, and report and new job openings the level a year earlier. reached a recent high. even tentative improvement On the positive side, the The number of job in the housing market. US has been able to boost US Q4 2011 GDP growth openings stood at 3.37 manufacturing output and was revised to 3.0% (2.8% million in December, the Yet this is an upturn that needs lift retail activity under its was an initial estimate). Q4 highest since April 2010. to go much further. There own steam – an encouraging 2010 GDP growth was 2.3%, are still approximately one sign of forward employment making the difference 0.7 The national unemployment million fewer job openings activity. But there is also percentage pts y-o-y. This rate fell to 8.5% in December, than when the recession a structural change in the continues an uninterrupted in a welcome respite from began in December 2007. The makeup of the jobs market, pattern of four quarters of the near-10% level that cyclically high unemployment with demand continuing to economic growth, and has endured from mid-2009 rate hides deep pockets grow for highly skilled workers, underpinned resurgence to the start of 2011. of social and economic particularly in service-based in employment activity. dislocation across the country. and professional sectors. The number of job openings stood at 3.37 million in December, the highest since April 2010.
home4 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends01 03 most heavily ➔ The pattern of job It is clear that the intensity It is worth remembering that sustained upward trend. impacted sectors of layoffs has tempered as There were approximately 04 US labor layoffs in the December the final quarter is typically market outlook quarter maintained the the US recovery has gained a bad period for job layoffs, 4.4 million jobs on offer 05 major momentum, but there are before the recession began, announced stable trend that has been and that the 2011 figure US job layoffs still many businesses under meaning about one millionUS labor evident since the end severe pressure, being forced was actually the best fourth quarter result since 2005. positions have vanished. about this report of the US recession.market to implement redundancies. But at the same time, Not only was the numbertrends There were a total of 488,329 The manufacturing sector there has been a 39% layoffs in the final three months of layoffs at a seasonal low, continues to face a difficult improvement from the low the total number of number of 2011, up approximately time, with intense competition point of the recession. of job openings across the 55,000 on the previous quarter from offshore manufacturers. US stood at 3.37 million at Private sector job openings and largely in line with the Manufacturing accounted the end of December, the have increased by almost position one year earlier. for approximately one-third highest since August 2008. 509,000 over the course of total layoffs in the quarter. The construction industry saw of the year, and by just Since the end of the 6,000 during the quarter. a spike in layoffs as seasonal recession in mid-2009, the Government positions have work came to an end. number of job openings decreased by 54,000 over the has been on a reasonably year and are largely steady on the previous quarter.
home 4000005 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 200000 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 2011/Q3 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 2011/Q4 02 US regional labor trends 03 most heavily impacted sectors 04 US labor market outlook US mass layoffs (Q1 2005 to Q4 2011) 05 major announced US job layoffs 1,000,000 about this report The manufacturing sector continues to face a difficult 800,000 time, with intense competition from offshore 600,000 manufacturers. 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 2011/Q3 2011/Q4 Source: US Bureau of Labor Statistics
1000000 home6 | Employment Restructuring Report | united states edition Q2 2012 contents 500000 summary 01 US Labor 0 market trends June August November 20082009 2009 2009 20092009 2009February 2010June August November 20102011 May 2011 20112011 2011 2011 July 20082008 2008February 2009June August November 20092010 2010 2010 201020102010February 2011June August November 2008October 2008 2008 May July October 2009 2009 May July October 2010 2010 2011 July October 2011 2011 September January April 2009 2009 December March September January April 2010 2010 December March September January April 2011 2011 December March September December 02 US regional labor trends 03 most heavily impacted sectors 04 US labor market outlook US JOB openings (june 2008 to DEC 2011) 05 major announced US job layoffs 4,000,000 about this report Private sector job 3,500,000 openings have increased by almost 3,000,000 509,000 over the 2,500,000 course of the year, and by 21,000 during 2,000,000 the quarter. 1,500,000 1,000,000 500,000 0 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 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 Source: US Bureau of Labor Statistics
home7 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends02 03 most heavily ➔ There were disparate start of the recession depicts impacted sectors performances in labor market a marked variation in the 04 US labor market outlook outcomes across the four way they have endured and 05 major announced major US census regions, recovered from the downturn. US job layoffs with the Midwest sufferingUS regional a sharp deterioration. While the Northeast has about this reportlabor The number of layoffs in had fewer layoffs than the other three regions it hastrends the Midwest jumped almost also enjoyed much greater 36,000 in the quarter to stability from peak-to-trough. 140,000, the largest number In contrast, the Midwest has of layoffs of all four regions. suffered both the largest number of layoffs and There were an additional 16,500 layoffs in the West, also the greatest volatility. and a further 11,600 layoffs The South and the West in the South. Only the have both experienced Northeast recorded a fall in volatility but considerably Ohio and Minnesota. A layoffs, with almost 10,000 less than in the Midwest. total of 36 states recorded fewer positions axed than decreases in layoffs. Across the states, California in the previous quarter. recorded the largest number Approximately 78% of those The pattern of layoffs across of layoffs in the quarter, affected by layoffs were the four regions since the followed by Illinois, Wisconsin, in metropolitan areas.
50000 home8 | Employment Restructuring Report | united states edition Q2 2012 contents summary 0 South Midwest West 01 US Labor market trends 02 US regional labor trends 03 most heavily impacted sectors 04 US labor market outlook announced job layoffs by US region (Q2 2009 to Q4 2011) 05 major announced US job layoffs 300,000 about this the Midwest has report suffered both the 250,000 largest number of layoffs and also the 200,000 greatest volatility. 150,000 100,000 50,000 0 Northeast South Midwest West Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Source: US Bureau of Labor Statistics
home9 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends03 03 most heavily ➔ The manufacturing There was a sharp jump in where layoffs slid sharply prospects in manufacturing, impacted sectors from more than 30,000 in the leisure & hospitality, and 04 US labor sector suffered the largest construction industry layoffs, market outlook number of layoffs in the up 36,000 to 60,319 as previous quarter to just 8,000. trade, transport & utilities 05 major during the quarter. announced final quarter of 2011, up end-of-year work dried up. US job layoffs The transport & warehousingmost approximately 10,000 on the previous quarter to 141,279. The contraction in the sector continues to Construction and government about this reportheavily government sector steadied, experience volatile activity, with losses in the quarter were steady, while education & health services saw a While the losses in with job attrition halving inimpacted manufacturing accounted the quarter, and at the same rising by almost 10,000 to mild deterioration. approximately 31,000.sectors for approximately one- level as a year earlier. Broadly, all sectors are sharing third of all job losses, the Job openings either in the brighter employment situation with manufacturing There was a big improvement outlook, and even sectors improved or stabilized at was one of the best fourth in the information sector, higher levels across most of which have borne the brunt of quarter results on record. the major industry sectors. retrenchments appear to be There were improved job signaling an intention to rehire.
home 010 | Employment Restructuring Report Administrative andConstruction and food servicesProfessional and technicalsocial entertainment and recreation trade Manufacturing Accommodation waste services | united states edition Q2 2012 Transportation and Retail trade warehousing Healthcare and Arts, assistance Government services Educational services contents Information Finance and insurance Mining Wholesale summary 01 US Labor market trends 02 US regional labor trends 03 most heavily impacted sectors 04 US labor market outlook announced US job layoffs by industry sector – NON-FARM (Q4 2010 to Q4 2011) 05 major announced US job layoffs 150,000 Q4 2010 about this report Q1 2011 120,000 Q2 2011 Q3 2011 Q4 2011 90,000 There was a sharp jump in construction 60,000 industry layoffs, up 36,000 to 60,319 as end-of-year work 30,000 dried up. 0 Manufacturing Administrative and waste services Construction Accommodation and food services Transportation and warehousing Retail trade Government Professional and technical services Healthcare and social assistance Information Arts, entertainment and recreation Finance and insurance Wholesale trade Mining Educational services Source: US Bureau of Labor Statistics
Education and Health Services Trade, Transportation and Utilities and Hospitality Leisure Government Manufacturing Construction home11 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends 03 most heavily impacted sectors 04 US labor market outlook US job opening by industry sector (Mar 2010 to Dec 2011) 05 major announced US job layoffs 700,000 March 2010 about this report 600,000 June 2010 September 2010 December 2010 500,000 March 2011 June 2011 400,000 even sectors September 2011 which have borne December 2011 300,000 the brunt of retrenchments 200,000 appear to be signaling an 100,000 intention to rehire. 0 Education and Health Services Trade, Transportation and Utilities Leisure and Hospitality Government Manufacturing Construction Source: US Bureau of Labor Statistics
home12 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends04 03 most heavily ➔ The US labor market The economic strides in the pose a fresh threat after and the knowledge economy impacted sectors has entered a new phase of US economy have been small years of engagement in have been more resilient 04 US labor market outlook growth, driven by the stimulus and tentative but they have Iraq and Afghanistan. and will likely feature as 05 major measures unveiled by the endured. GDP growth is old patterns of work are announced US job layoffs federal government and a edging higher, retail activity However the outlook is rendered uncompetitive.US labor burst of private sector hiring. is improving and confidence brighter than at any time since about this reportmarket After more than two years is returning to the housing sector. The stock market has the start of the recession. Jobs growth is occurring China’s rise as an economic powerhouse will be one ofoutlook of stalled jobs activity, the touched a four-year high. across a broad span of the the dominant features of the slow-burn of recovery is economy and domestic next economic cycle, as even gradually gaining traction Importantly, the economy confidence, reflected in retail its own economy undergoes and pushing jobs creation has remained on track in the spending, is gaining strength. a generational transformation to encouraging levels. face of incredible external into sophisticated shocks. The financial crisis What remains to be seen is manufacturing and services. Layoffs in most sectors are gripping Europe remains how patterns of manufacturing steadying at modest levels and a hair-trigger for economic and employment have The great economic and both job openings and new catastrophe but even there, shifted in the course of the financial collapse of 2007- hires are gathering pace. The the worst case risk seems to downturn. Thousands of 2011 wrought structural jobless rate has dropped to be diminishing. China’s growth jobs have been lost in key changes that have traumatized psychological positive territory has slowed but not stalled. areas of manufacturing and firms, industries and cities, after hovering at 10%, and many of those will not return, and many of those will not delivering material evidence Escalating oil prices and the even under full steam. revert to their former state. that the social scourge of political uncertainty around unemployment is finally lifting. Iran’s nuclear ambitions Jobs in professional services .
home13 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends05 03 most heavily Organization Total (approx) Industry Month impacted sectors 04 US labor Bigelow Aerospace 40 Aerospace October market outlook Hawker Beechcraft 300 Aerospace November 05 major ITT Exelis 200 Aerospace November announced US job layoffs Rockwell Collins 108 Aerospace Octobermajor United Space Alliance Houston 54 Aerospace November about this reportannounced Cargill Inc Cargill Inc Springdale Ark Plant 2,000 Agriculture 130 Agriculture December OctoberUS job Foster Farms Dairy Sacramento Plant Park Farms Canton Ohio 96 Agriculture 200 Agriculture October Decemberlayoffs Wayne Farms 363 Agriculture November Cooper Standard Automotive, Bowling Green Ohio 47 Automotive OctoberOCT to NOV 2011 Bank of America 324 Banking & Finance October BlackRock Inc, San Francisco 59 Banking & Finance December Brandes Investment Partners 40 Banking & Finance December Citigroup 4,500 Banking & Finance December Citizens Financial Group 250 Banking & Finance November Credit Suisse 85 Banking & Finance November Daiwa Securities 300 Banking & Finance October Danske Bank A/S 2,000 Banking & Finance November Deutsche Bank 500 Banking & Finance October Deutsche Bank 270 Banking & Finance October FBR & Co. 125 Banking & Finance November ING 2,700 Banking & Finance November JP Morgan Chase 1,000 Banking & Finance October MF Global 165 Banking & Finance November Mizuho Financial Group Inc 3,000 Banking & Finance November Mizuho Securities Co. 700 Banking & Finance October Morgan Stanley 580 Banking & Finance December Societe Generale SA French Bank 200 Banking & Finance December Sun Life Financial 800 Banking & Finance December TD Ameritrade 145 Banking & Finance December
home14 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends05 03 most heavily Organization Total (approx) Industry Month impacted sectors 04 US labor CSG International 100 Business services December market outlook TechniGraphics 40 Business services November 05 major Transcom Lafayette Call Center 265 Business services December announced US job layoffs Youthville Kansas 80 Community services October about this Asplundh Construction Corp. 86 Construction December report John S. Clark 75 Construction December Army 8,700 Defense December Electric Boat 52 Defense November Erickson Air Crane 119 Defense November Fort Drum 85 Defense December Fort Eustis 86 Defense December Fort Sill 176 Defense December Navy 3,000 Defense November Northrop Grumman Corp 800 Defense October U.S. Air Force 9,000 Defense November Capella Education Co 65 Education November Cleveland Metropolitan School District Ohio 132 Education November Detroit Public Schools 87 Education October Element K 115 Education November Houghton Mifflin Harcourt 2,200 Education November Philadelphia School District 141 Education December Southern University Baton Rouge, Louisiana 87 Education December Public Employees Federation 200 Employment October Hanford’s tank farms 244 Energy and Resources October Itron Inc 750 Energy and Resources October Ovonic Energy Products Inc 77 Energy and Resources November Pacific Gas and Electric Co 239 Energy and Resources December Sunoco PA Refinery 490 Energy and Resources December Day & Zimmermann 85 Engineering November Sandvik AB 500 Engineering November California Attorney General 102 Government December
home15 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends05 03 most heavily Organization Total (approx) Industry Month impacted sectors 04 US labor California Department of Corrections and Rehabilitation 26,000 Government October market outlook City of Chicago Health Clinics 155 Government October 05 major City of Tacoma WA 166 Government December announced US job layoffs Cook County Chicago 775 Government November about this Dartmouth Hitchcock 100 Government November report Detroit 1,000 Government November Employment Security Department, Washington 222 Government October Jacksonville Sheriff’s Office Florida 50 Government October Jefferson County, Alabama 300 Government December Louisville, Colorado 100 Government November Manitowoc County 150 Government November Miami Dade County, Florida 300 Government October Nassau County, New York State 300 Government December New York City 672 Government October San Francisco Superior Courts 67 Government October Savannah River Remediation 100 Government November Swiftmud 150 Government October AnMed Health 63 Health November Baptist Health System 118 Health November Carondelet Health Network 225 Health December Christ Hospital, Jersey City 50 Health December Hawaii Medical Center 500 Health December Healthways Inc 275 Health December Hospital Sisters Health System 50 Health October Maxim Healthcare Services Miami Lake, Florida 287 Health October McKesson Corp. Georgia 174 Health December MetroHealth System 104 Health November Montefiore Medical Center 63 Health December Nassau University Medical Center 175 Health November National Healing Corp. 49 Health November PeaceHealth St. Joseph Medical Center 50 Health November
home16 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends05 03 most heavily Organization Total (approx) Industry Month impacted sectors 04 US labor Peninsula Hospital, Far Rockaway 50 Health October market outlook Providence Health Care 172 Health December 05 major Raytel Cardiac Services Inc. & Philips Remote Cardiac announced 85 Health December US job layoffs Services about this Saint Vincent Hospital, Worcester 60 Health October report Smith & Nephew Inc, Memphis 80 Health December St Francis Hospital 58 Health December Tennova Healthcare 130 Health October Vanguard Health Systems Inc 100 Health December Westchester Medical Center, New York 250 Health December American Republic 110 Insurance October Blue Cross & Blue Shield of Rhode Island 42 Insurance November State Compensation Insurance Fund, California 1,500 Insurance October The Hartford 500 Insurance October O’Melveny & Myers 75 Law October 3M 4,900 Manufacturing December Anchor Glass, Warner Robins 40 Manufacturing December Andersen Corp 250 Manufacturing November Armtec Infrastructure Inc 270 Manufacturing November Babcock & Wilcox 134 Manufacturing October Barber Foods, Portland Maine 71 Manufacturing October Briggs & Stratton, Poplar Bluff, Missouri 200 Manufacturing October Bristol Compressors 250 Manufacturing December Cequent Electrical Products 42 Manufacturing December Charles Navasky and Company 41 Manufacturing December Chevron Phillips Chemical Co. LP 61 Manufacturing December Coleman, Wichita 40 Manufacturing December Energy Conversion Devices Inc 400 Manufacturing November Exide Technologies at its Bristol factory 233 Manufacturing November First Solar Inc 100 Manufacturing December Furniture Brands Intl 200 Manufacturing November
home17 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends05 03 most heavily Organization Total (approx) Industry Month impacted sectors 04 US labor Hampton Affiliates 76 Manufacturing October market outlook Ingalls Shipbuilding 500 Manufacturing December 05 major KLN Steel Products Co. LLC 108 Manufacturing November announced US job layoffs Kraft Foods, Mason City, Iowa 50 Manufacturing October about this Kraftmaid 175 Manufacturing November report Larson Manufacturing, Clear Lake 68 Manufacturing November MasterBrand Cabinet, North Carolina 150 Manufacturing October MEMC Electronic Materials Inc 1,300 Manufacturing December Momentive Performance Materials Inc. 325 Manufacturing December Newell Rubbermaid Inc. 500 Manufacturing October Nidec, Paragould, Arkansas 41 Manufacturing December Nordson Corp 70 Manufacturing October Pella Corporation 198 Manufacturing November Precious Metals Division, Attleboro Mass. 300 Manufacturing December Precision Valve, Travelers Rest, South Carolina 56 Manufacturing October Revonate Manufacturing LLC, Clay New York 130 Manufacturing December Shaw Industries, Columbia, South Carolina 194 Manufacturing October SierraPine Rocklin Mill 51 Manufacturing November Sparrows Point steel, Baltimore County 720 Manufacturing December SunPower 85 Manufacturing November Titleist golf ball plants 77 Manufacturing November Trane Co. 98 Manufacturing December United Solar Ovonic Greenville Michigan 144 Manufacturing November Verso Paper Corp Bucksport Mill 125 Manufacturing October Verso Paper Corp Mill, Sartell 175 Manufacturing October Vulcan Materials Co 200 Manufacturing December Warren Corp. 57 Manufacturing November Whirlpool 5,000 Manufacturing October Wilson Trailer Co 68 Manufacturing October Wrigley Jr. Co 100 Manufacturing November Avid 200 Media & Entertainment October
home18 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends05 03 most heavily Organization Total (approx) Industry Month impacted sectors 04 US labor CNN 50 Media & Entertainment November market outlook Day 1 Studios 100 Media & Entertainment December 05 major Developer CCP Games 100 Media & Entertainment October announced US job layoffs Grace & Wild Inc 70 Media & Entertainment October about this Grand Rapids Press & Kalamazoo Gazette Michigan 223 Media & Entertainment November report Groupon 400 Media & Entertainment October Living Omnimedia 40 Media & Entertainment October McGraw Hill 550 Media & Entertainment December Olympian Washington State 83 Media & Entertainment December Paramount Pictures 120 Media & Entertainment October Pilot Media 50 Media & Entertainment November Quad/Graphics, Dickson Tennessee 125 Media & Entertainment October RockYou Inc. 100 Media & Entertainment November Roscor Corp. 100 Media & Entertainment November Silicon Knights 70 Media & Entertainment November Tampa Tribune Newspaper 165 Media & Entertainment December Walt Disney Co. Burbank and Glendale 128 Media & Entertainment October AstraZeneca 400 Pharmaceutical October AstraZeneca 1,150 Pharmaceutical December Geron Corp 66 Pharmaceutical November Merck, Springfield 50 Pharmaceutical October Novartis 183 Pharmaceutical December Sanofi 1,400 Pharmaceutical November Amgen Inc 226 Research & Development October ConocoPhillips Refinery, Pennsylvania 419 Resources November Dugout Canyon mine 114 Resources November Duke Energy and Progress Energy 347 Resources November Lowes Company 1,950 Retail October Taco Bell 105 Retail November California Men’s Colony in San Luis 117 Social services October NBA 400 Sport & Recreation October
home19 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends05 03 most heavily Organization Total (approx) Industry Month impacted sectors 04 US labor Roush Fenway Racing 100 Sport & Recreation November market outlook Santa Anita Park, California 100 Sport & Recreation October 05 major Adobe Systems 750 Technology November announced US job layoffs Alpharetta’s McKesson Provider Technologies 174 Technology December about this AMD Advanced Micro Devices 1,400 Technology November report ARINC 50 Technology December Arvato Digital Services 50 Technology December Fidelity National Information Services, Milwaukee 100 Technology November HP 500 Technology October iRobot Corp 55 Technology October Navistar 133 Technology October Pelco by Schneider Electric 97 Technology October Security software maker McAfee 250 Technology December Siemens A.G. 200 Technology December Siemens A.G. 1,000 Technology December Terex Indiana 53 Technology October AT&T 100 Telecommunications December Motorola Mobility 800 Telecommunications October Vitesse Semiconductor 46 Telecommunications October Windstream 280 Telecommunications December Atlantic City Hilton, New Jersey 150 Tourism & Hospitality November Friendly’s Restaurant 1,200 Tourism & Hospitality October HMSHost Corp. GA 53 Tourism & Hospitality November Interstate Hotels & Resorts Comfort Inn 52 Tourism & Hospitality November Pillar Hotels and Resorts 159 Tourism & Hospitality November Air France 2,000 Transport & Logistics December Chicago Transit Authority 200 Transport & Logistics October Frontier Airlines 200 Transport & Logistics November Frontier Airlines at Mitchell International Airport 120 Transport & Logistics November Hertz Corp Dallas Forth Worth Texas Airport 219 Transport & Logistics October Long Island Bus workers, New York State 981 Transport & Logistics November
home20 | Employment Restructuring Report | united states edition Q2 2012 contents summary 01 US Labor market trends 02 US regional labor trends05 03 most heavily Organization Total (approx) Industry Month impacted sectors 04 US labor Niagara Frontier Transportation Authority 170 Transport & Logistics December market outlook Piedmont Airlines LaGuardia Airport 299 Transport & Logistics December 05 major Pinnacle Airlines Corp. 154 Transport & Logistics December announced US job layoffs Piper Aircraft Inc 205 Transport & Logistics October about this SMART bus service 123 Transport & Logistics October report US Airways Group Inc Indianapolis International Airport 52 Transport & Logistics November USPS United States Postal Service 28,000 Transport & Logistics December Caron International Beaufort County 120 Wholesale December Schwan Food Co. 60 Wholesale December Source information: Details of announced 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.