PREPARE!!!!! Millions of NEW Job Cuts on the Way!!!!!!!!!!!!!!!!!!!!!!!!!!
May 14, 2009
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May 14 (Bloomberg) -- California Governor Arnold Schwarzenegger proposed the state seek a $6 billion loan from Wall Street and called for deep cuts in education and welfare program to help erase a resurgent $15 billion deficit.
Schwarzenegger’s proposal includes plans to fire 5,000 state employees, mostly prison workers and from health and human services agencies. The state employs about 200,000 people.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aacpvG_NN6vE&refer=home
CA's Deficit is growing EVERY month....
Today, the Mayor of LA warned of Thousands of Job cuts!!!!!!!!!!!!!!!!!
With Los Angeles facing a $529-million budget deficit, Mayor Antonio Villaraigosa on Tuesday urged the City Council to declare a fiscal emergency that would grant him the authority to lay off and furlough thousands of city workers.
http://www.latimes.com/news/local/la-me-villaraigosa13-2009may13,0,5928252.story
Valejo is bankrupt....thousands of other cities in CA alone are in a fiscal crisis. And it is not just CA or cities in CA.....the FU virus is spreading across the nation and now infecting government and health care....including hospitals!!!!!!
The bleeding continues at Twin Cities hospitals.
Hennepin County Medical Center said Wednesday it will eliminate 75 to 100 jobs by the end of June to save money, its second round of layoffs since January.
The Minneapolis hospital will also delay buying a piece of property in downtown for a new outpatient care building.
http://www.startribune.com/local/44907977.html?elr=KArksUUUU
NOT JUST HOSPITALS...
Minnesota's hospitals, nursing homes and community clinics -- already reeling from the worst recession in nearly three decades -- are bracing for a new round of cuts from the state's biggest single purchaser of health care: state government.
As legislators and Gov. Tim Pawlenty struggle to close a $4.6 billion deficit in the state budget, they are looking to trim between $400 million and $1.8 billion from projected state payments to hospitals, health plans, nursing homes and other providers.
With just a week left in the legislative session, the size of the cut was still in play as budget deliberations continued over the weekend. But with health and human services accounting for about 27 percent of the state budget -- second only to K-12 education -- no one doubts that excruciating cuts are in store.
http://www.startribune.com/politics/state/44646512.html?elr=KArksUUUU
Imagine the above playing out in practically every city, county and state in America affecting Health Care, Education, Police, Fire and countless other areas.......
We likely looking at millions and millions of job cuts in the upcoming months.......and this is only from the government sector......
We have seen a number of NEW private companies announcing layoffs in the past few days.
Prepare.....as the above article states.....
NO ONE DOUBTS THAT EXCRUCIATING CUTS ARE IN STORE.....and let Alstry add........ALL ACROSS AMERICA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Remember....if nothing else.....Alstry provides you a heads up with what few are willing to discuss.
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