U.S. Economic Destruction Continues | PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs

PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs

Snippet of Article: "...PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business. Pittsburgh-based PPG said Thursday that the job cuts would primarily impact positions in the U.S. and Europe. ...PPG's recent cuts also arrive amid an environment of poor home sales. Existing U.S. home sales slipped 2.5% in August, the latest month with data available, as prices increased on an annual basis for the 14th consecutive month. And the average rate on a 30-year mortgage surged to 6.32% last week, below 2024's peak of 7.22% in May."

Source: www.cbsnews.com

PPG Industries,layoffs,2024,Jobs,Employment,U.S. Economic Destruction,Destruction of America's working class,

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Closures | Economic Destruction Rapidly Increases Under Harris - Biden Admin | SOS!

TGI Fridays closes a dozen stores across America in just one month

Snippet of Article: "...According to the company’s location section on its website, multiple TGI Fridays locations in the Northeast closed last week, including in Clifton Park, Middletown and Poughkeepsie, New York; Allentown, Pennsylvania; Enfield, Connecticut; and Leesburg, Virginia. Additional closures from earlier this month took place in the Southeast and Midwest regions, in states like North Carolina, South Carolina, Wisconsin, Michigan, and Indiana, as well as two locations in Minnesota. ..."

Source: www.foxbusiness.com

Harris Economics, Bidenomics, Store Closures,

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The Harris/Biden Years | More Strikes and Supply Chain Disruptions

Time running out to avoid crippling US port strike

Snippet of Article: "... Time is running out to avoid a work stoppage at ports along the entire East and Gulf Coasts in what could become the most disruptive strike to the US economy in decades.

Members of the International Longshoremen’s Association are set to go on strike at 12:01 am ET Tuesday at three dozen facilities spread across 14 port authorities. There are few signs that a deal could be reached by the deadline ..."

Source: www.cnn.com

Supply Chain Disruptions, East Coast Port Strike (2024),

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Private sector tallies lowest monthly job gain since January 2021

Snippet of Article: "...New data from ADP released Thursday showed the private sector added its fewest jobs in a month since January 2021, signaling a cooling labor market. ADP's National Employment Report for August showed 99,000 jobs were added in the month, well below economists estimates for 145,000 and fewer than the 122,000 jobs added in July. The August data marked the fifth straight month payroll additions had slowed from the month prior. ..."

Source: finance.yahoo.com

lowest monthly job gain since January 2021

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Learn about how you can join the new American Climate Corps

Snippet of Article: "Biden is announcing a new initiative to train for jobs in the clean energy economy. The American Climate Corps. "

Source: americanclimatecorps.blogspot.com

American Climate Corps, Jobs,Employment,Training,

TechHire Initiative

Article Title: President Obama Launches New TechHire Initiative

#TechHire

Snippet of Article: "... The President and his Administration are focused on promoting middle class economics to ensure that all Americans can contribute to and benefit from our American resurgence. Part of that effort requires empowering every American with the education and training they need to earn higher wages. Today’s announcement is the latest part of that effort: In his remarks to the National League of Cities, the President will announce his TechHire initiative, including a new campaign to work with communities to get more Americans rapidly trained for well-paying technology jobs. ..."
Source: www.whitehouse.gov TechHire initiative, #TechHire,