u.s employment restructuring report q3 2012

23
EMPLOYMENT RESTRUCTURING REPORT UNITED STATES EDITION 2012 3

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The Kelly Restructuring Index is compiled by Kelly Outsourcing Group, a division of Kelly Services. It aims to provide a summary of the leading factors contributors to labor and hiring conditions in the relevant markets, with a special focus on up-to-date layoffs and job creation statistics. It is compiled from publicly available data from official, private and not-for-profit organizations.

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Page 1: U.S Employment Restructuring Report Q3 2012

employment restructuringreportu n i t e d s tat e s e d i t i o n

2012 3

Page 2: U.S Employment Restructuring Report Q3 2012

contents

2 | employment restructuring report | united states edition Q3 2012

summary p/3

01us labor market trends p/4

02 us regional labor trends p/7

03 most heavily impacted sectors p/9

04us labor market outlook p/12

05major announced us job layoffs p/13

about this report p/23

metHodology notes:

the Kelly restructuring

index is compiled by Kelly

outsourcing group, a

division of Kelly services. it

aims to provide a summary

of the leading factors

contributors to labor and

hiring conditions in the

relevant markets, with a

special focus on up-to-date

layoffs and job creation

statistics. it is compiled

from publicly available data

from official, private and

not-for-profit organizations.

US mass layoffs p/5

US job openings p/6

Announced job layoffs by US region p/8

Announced US job layoffs by industry sector p/10

US job openings by industry sector p/11

grapHs

disclaimer: This information is provided with the understanding 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 documentation. Kelly Services makes no warranty, expressed or implied, as to the accuracy, completeness, or utility of this information, nor does the fact of distribution constitute a warranty.

Page 3: U.S Employment Restructuring Report Q3 2012

summary

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

➔ The positive evidence

of recovery in the US economy

and the labor market is

continuing but the pace of

the upturn is still lacklustre.

The improved trend in job

openings and fewer layoffs

suggests that the broad

jobs market is maintaining

its upward momentum. The

unemployment rate, at just

a shade over 8% is coming

off its recent historic highs.

3 | employment restructuring report | united states edition Q3 2012

GDP grew by 1.3% in the

June quarter, down from

2% in the previous quarter,

and is recording 2.2%

growth at an annual rate.

Combined with a recovering

housing market, improved

consumer spending and

a return of confidence in

the stockmarket, there are

a growing list of factors

supporting a broad-based

economic recovery.

Despite a slight upturn in the

number of layoffs in the June

quarter, total layoffs between

January and June were the

lowest for a January–June

period since 2007. However,

job creation remains weak

and patchy.

The real frustration relates to

the pace of the recovery. All

the major economic indicators

are locked in a narrow band,

reflecting an economy that is

hampered by a host of global

uncertainties, and in need

of a domestic kick start.

Europe’s woes remain

unsettling and China’s

slowdown has raised fears.

The action by the European

Central Bank to effectively

bail out troubled economies

has removed one immediate

source of concern.

All the evidence suggests

that China is experiencing a

growth pause, rather than

a growth halt.

The US Federal Reserve’s

quantitative easing comes

at a crucial time, with the

economy desperately in need

of direction. This is not without

inflationary risk but it should

provide a stimulus and keep

the expansion from faltering.

all tHe evidence suggests tHat cHina is experiencing

a growtH pause, ratHer tHan a growtH Halt.

Page 4: U.S Employment Restructuring Report Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

➔ There was a

jump in the number of

job layoffs in the June

quarter – up approximately

120,000 to 454,154

However, for the full period

between January and June

2012, the total number of

layoffs was the lowest for

any January–to–June

period since 2007.

01us labor marKet trends

4 | employment restructuring report | united states edition Q3 2012

Both private sector and public

sector job openings increased

over the course of the year.

There were improvements

in industries including

manufacturing, professional

services, and education,

although construction was

flat and the government

sector had only small gains.

Job openings have now

recovered to a level not seen

since the first half of 2008.

The rate of layoffs has

continued its downward

trend since mid-2009, in

line with the improvement

in private sector activity.

The rate of layoffs in

manufacturing was a standout

feature, recording one of the

lowest levels on record.

Job openings remained

at recent positive levels,

touching 3.7 million at the

end of the second quarter.

Page 5: U.S Employment Restructuring Report Q3 2012

us mass layoffs (Q3 2005 to Q2 2012)

5 | employment restructuring report | united states edition Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

Source: US Bureau of Labor Statistics

200,000

400,000

600,000

800,000

1,000,000Loss

2011

/Q4

2012

/Q1

2012

/Q2

2011

/Q3

2011

/Q2

2011

/Q1

2010

/Q4

2010

/Q3

2010

/Q2

2010

/Q1

2009

/Q4

2009

/Q3

2009

/Q2

2009

/Q1

2008

/Q4

2008

/Q3

2008

/Q2

2008

/Q1

2007

/Q4

2007

/Q3

2007

/Q2

2007

/Q1

2006

/Q4

2006

/Q3

2006

/Q2

2006

/Q1

2005

/Q4

2005

/Q3

200000

400000

600000

800000

1000000 Loss

2012/Q22012/Q12011/Q42011/Q32011/Q22011/Q12010/Q42010/Q32010/Q22010/Q12009/Q42009/Q32009/Q22009/Q12008/Q42008/Q32008/Q22008/Q12007/Q42007/Q32007/Q22007/Q12006/Q42006/Q32006/Q22006/Q12005/Q42005/Q3

tHe rate of layoffs in manufacturing was a standout

feature, recording one of tHe lowest levels on record.

Page 6: U.S Employment Restructuring Report Q3 2012

6 | employment restructuring report | united states edition Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

us job openings (dec 2008 to june 2012)

Source: US Bureau of Labor Statistics

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

June 2012May 2012April 2012March 2012February 2012January 2012December 2011November 2011October 2011September 2011August 2011July 2011June 2011May 2011April 2011March 2011February 2011January 2011December 2010November 2010October 2010September 2010August 2010July 2010June 2010May 2010April 2010March 2010February 2010January 2010December 2009November 2009October 2009September 2009August 2009July 2009June 2009May 2009April 2009March 2009February 2009January 2009December 2008

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

Dec

emb

er 2

011

No

vem

ber

201

1O

cto

ber

201

1Se

pte

mb

er 2

011

Aug

ust

2011

July

201

1Ju

ne 2

011

May

201

1A

pri

l 201

1M

arch

201

1Fe

bru

ary

2011

Janu

ary

2011

Mar

ch 2

012

Feb

ruar

y 20

12Ja

nuar

y 20

12

June

201

2M

ay 2

012

Ap

ril 2

012

Dec

emb

er 2

010

No

vem

ber

201

0O

cto

ber

201

0Se

pte

mb

er 2

010

Aug

ust

2010

July

201

0Ju

ne 2

010

May

201

0A

pri

l 201

0M

arch

201

0Fe

bru

ary

2010

Janu

ary

2010

Dec

emb

er 2

009

No

vem

ber

200

9O

cto

ber

200

9Se

pte

mb

er 2

009

Aug

ust

2009

July

200

9Ju

ne 2

009

May

200

9A

pri

l 200

9M

arch

200

9Fe

bru

ary

2009

Janu

ary

2009

Dec

emb

er 2

008

job openings Have

now recovered to

a level not seen

since tHe first

Half of 2008.

Page 7: U.S Employment Restructuring Report Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

02us regional labor trends

7 | employment restructuring report | united states edition Q3 2012

➔ All the major US

regions experienced a spike

in layoffs during the June

quarter, effectively reversing

much of the improvement

that had occurred in the

early part of 2012.

Even so, the combined first

six months of 2012 was one

of the best in recent years

in terms of labor retention.

The West recorded the

highest number of layoffs

(132,053) in the quarter, up

almost 35,000 but steady on

the situation a year earlier.

The Northeast suffered the

worst reversal in the quarter,

with layoffs jumping almost

60% to nearly 114,000

In the Midwest, there was

a less severe reversal, with

layoffs up some 20,000

to just over 90,000

In the South, which has

experienced less volatility

than other regions, layoffs

were up 19,000 to 117,865

Among the states, the

highest number of layoffs

was in California, followed

by New Jersey, Pennsylvania,

Florida and New York.

Some 82% of layoffs were

in metropolitan areas.

Page 8: U.S Employment Restructuring Report Q3 2012

8 | employment restructuring report | united states edition Q3 2012

announced job layoffs by us region (Q4 2009 to Q2 2012)

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

Source: US Bureau of Labor Statistics

0

50000

100000

150000

200000 Q2 2012

Q1 2012

Q4 2011

Q3 2011

Q2 2011

Q1 2011

Q4 2010

Q3 2010

Q2 2010

Q1 2010

Q4 2009

West MidwestSouth Northeast

Q2 2012

Q1 2012

Q4 2011

Q3 2011

Q2 2011

Q1 2011

Q4 2010

Q3 2010

Q2 2010

Q1 2010

Q4 2009

0

50,000

100,000

150,000

200,000

West MidwestSouth Northeast

Q3 2011Q4 2011

Q2 2011

Q1 2011

Q3 2010Q4 2010

Q1 2012Q2 2012

Q2 2010Q1 2010Q4 2009

82% of layoffs were in

metropolitan areas.

Page 9: U.S Employment Restructuring Report Q3 2012

03most Heavily impacted sectors

9 | employment restructuring report | united states edition Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

➔ The reversal in fortunes

of the manufacturing sector

has been the key feature

of the recent jobs data.

After sitting at the sharp end

of the adjustment process

for many months, layoffs in

manufacturing have dropped

dramatically. There were

slightly less than 80,000

layoffs in the manufacturing

sector in the June quarter,

down from almost 130,000

in the final quarter of 2011.

In fact, the number of layoff

events in manufacturing (180)

in the quarter was the lowest

for any quarter in the history of

the Bureau of Labor Statistics.

In contrast, transport and

warehousing saw the

number of layoffs double to

slightly more than 53,000.

The government sector also

saw a sharp jump in layoffs,

from approximately 12,000

to more than 50,000.

Other areas to absorb

cutbacks in the quarter

include healthcare, and

accommodation and food.

Job openings were steady

across most sectors

of the economy.

There was a slight

improvement in education

and health services, but most

other areas held onto the

gains that have been evident

for the past few months,

suggesting that the tentative

recovery is now spreading

across a wider section of

trades and professions.

Page 10: U.S Employment Restructuring Report Q3 2012

10 | employment restructuring report | united states edition Q3 2012

announced us job layoffs by industry sector – non-farm (Q3 2011 to Q2 2012)

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

Source: US Bureau of Labor Statistics

transport and

wareHousing saw tHe

number of layoffs

double to sligHtly

more tHan 53,000

0

30000

60000

90000

120000

150000 2012/Q2

2012/Q1

2011/Q4

2011/Q3

Real estateMiningWholesale tradeEducational servicesFinance and insuranceArts, entertainment and recreationProfessional and technical servicesInformationConstructionHealthcare and social assistanceRetail tradeAccommodation and food servicesAdministrative and waste servicesGovernmentTransportation and warehousingManufacturing

0

30,000

60,000

90,000

120,000

150,000

2012/Q2

2012/Q1

2011/Q4

2011/Q3

Rea

l est

ate

Min

ing

Who

lesa

le t

rad

e

Ed

ucat

iona

l ser

vice

s

Fina

nce

and

insu

ranc

e

Art

s, e

nter

tain

men

tan

d r

ecre

atio

n

Pro

fess

iona

l and

tech

nica

l ser

vice

s

Info

rmat

ion

Co

nstr

ucti

on

Hea

lthc

are

and

soci

al a

ssis

tanc

e

Ret

ail t

rad

e

Acc

om

mo

dat

ion

and

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od

ser

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s

Ad

min

istr

ativ

e an

dw

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ser

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s

Go

vern

men

t

Tran

spo

rt a

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areh

ous

ing

Man

ufac

turi

ng

Q3 2011

Q4 2011

Q1 2012

Q2 2012

Page 11: U.S Employment Restructuring Report Q3 2012

11 | employment restructuring report | united states edition Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

us job opening by industry sector (sept 2010 to june 2012)

Source: US Bureau of Labor Statistics

tHere was a sligHt

improvement in

education and

HealtH services, but

most otHer areas

Held onto tHe gains

tHat Have been

evident for tHe past

few montHs.

0

100000

200000

300000

400000

500000

600000

700000 June 2012

March 2012

December 2011

September 2011

June 2011

March 2011

December 2010

September 2010ConstructionManufacturingGovernmentLeisure and HospitalityTrade, Transportation and UtilitiesEducation and Health ServicesProfessional Business Services

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000June 2012

March 2012

December 2011

September 2011

June 2011

March 2011

December 2010

September 2010

Co

nstr

ucti

on

Man

ufac

turi

ng

Go

vern

men

t

Leis

ure

and

Ho

spit

alit

y

Trad

e, T

rans

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and

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litie

s

Ed

ucat

ion

and

Hea

lth

Serv

ices

Pro

fess

iona

lb

usin

ess

serv

ices

Page 12: U.S Employment Restructuring Report Q3 2012

04us labor marKet outlooK

12 | employment restructuring report | united states edition Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

➔ The US is experiencing

only a modest recovery and

there is unlikely to be any

significant improvement

in the labor market

without some exceptional

external influences.

The present growth path of

around a 2% annual GDP

increase looks to be the

norm over the coming year,

meaning only a gradual

and piecemeal emergence

from the downturn.

The specter of a European

sovereign debt crisis has

largely been averted, but

there are few other positive

signals. China’s growth is

easing and global economic

conditions remain subdued.

The US economy is poised

at a precarious point,

with domestic conditions

improving but a global

economy that is holding back

a full-fledged recovery.

The Federal Reserve does

not foresee a recovery in the

jobs market until 2014. The

bank’s stimulus measures are

likely to insulate the economy

against further reversals,

but few observers expect

any immediate turnaround

in economic fortunes.

The official forecasts predict

2.5 to 3% economic growth

in 2013 – still below the

long-term trend pattern.

The present recovery will

almost certainly be one

of the most measured in

recent history. Perhaps

the best that can be said

is that the worst is over.

Gradual improvement in

consumer spending, housing

and investor confidence are

all crucial elements in building

the sustainable recovery.

Job layoffs are easing and

hiring rates are showing

steady improvement.

The looming presidential

election may provide the

circuit breaker for a more

confident private sector

recovery. Coupled with the

fiscal stimulus package, the

November election may

relieve some of the uncertainty

surrounding key tax and

revenue raising measures.

Reaching a compromise on

these measures is critical

in avoiding the so-called

fiscal “cliff” in 2013, which,

if unresolved, could spark

an economic slowdown,

even a recession.

With many uncertainties, the

outlook for jobs and economic

growth is somber. The positive

signs still outweigh the

negatives, but that leaves no

room for unforeseen shocks.

Page 13: U.S Employment Restructuring Report Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05major announced us job layoffsapr to jun 2012

13 | employment restructuring report | united states edition Q3 2012

38 Studios Company 300 Media/entertainment May

AB Car Rental Services Inc. 55 Transport/logistics May

Advantage, Eastern Kentucky 163 Resources/utilities April

Adventist HealthCare 100 Health/medical April

Aegis Communications Group Inc. Fairmont W.Va 57 Business services April

Akron school district Ohio 200 Education May

Alaska Railroad 52 Public Administration June

Alorica 289 Business services April

Alpha Natural resources 130 Resources/utilities May

AM General 75 Manufacturing June

Ameren Corp. 44 Resources/utilities June

American Airlines 1,400 Aviation June

American Eagle Airlines 100 Aviation May

American Family Insurance 87 Insurance May

Amherst County Public Schools, VA 38 Education June

Anchorage School District Alaska 55 Education May

Arch Coal Inc 750 Resources/utilities June

Astar USA, Florence, KY 160 Transport/logistics June

AT&T, Portland 86 Telecommunications May

ATI Wah Chang, Millersburg 35 Manufacturing June

Aurora Bank Indianapolis 450 Banking/finance April

Bank of America, East Hartford, CT 150 Banking/finance April

Bank of America, Fort Lauderdale, FL 675 Banking/finance June

Barber Foods St John Plant, Portland Maine 79 Manufacturing April

Beavercreek City School District 30 Education April

Bechtel National Vitrification Plant, Hanford site 198 Manufacturing April

Beef Products Inc Offices, South Dakota 86 Manufacturing May

Beth Israel Deaconess Medical Center 40 Health/medical April

BioScrip Inc. 189 Pharmaceutical May

Blizzard, Orange County, CA 200 Media/entertainment April

Organization Total (approx) Industry Month

Page 14: U.S Employment Restructuring Report Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

14 | employment restructuring report | united states edition Q3 2012

Blue Ridge Health Care Center, Raleigh, NC 90 Health/medical June

Briggs & Stratton Corp. 460 Manufacturing April

Briggs & Stratton, Auburn Alabama 250 Manufacturing April

CA Technologies 50 Technology April

Campbell’s Soup Co. 70 Manufacturing June

Capital One 850 Banking/finance May

Capital One Bank, Bethesda 80 Banking/finance June

Cartridges Are Us, Ithaca 64 Manufacturing June

Center Industries 72 Manufacturing May

Central Appalachian Mining (CAM), Pikeville, KY 193 Resources/utilities June

Central Bucks School, PA 44 Education May

Certified Ad Services 86 Media/entertainment April

CH2M Hill Plateau Remediation Co 58 Resources/utilities June

Chesapeake Energy Corp North Texas 70 Resources/utilities June

Chino Valley Unified School District, CA 119 Education May

Christus Santa Rosa Health System Texas 400 Health/medical May

Cincinnati Bell, Norwood 137 Business services May

Cincinnati Public Schools Ohio 237 Education April

City of Long Beach 67 Public Administration May

City of Milpitas, CA 52 Public Administration May

City of Surprise, AZ 33 Public Administration May

City of Westminster, CA 67 Public Administration June

Clark County School District Las Vegas 1,015 Education May

Cohart Refractories 70 Manufacturing May

Comcast Call Center, Fishers Indiana 59 Business services June

Comcast Corp 65 Telecommunications June

Community Unit School District 200, IL 35 Education April

Compass Group USA 270 Education April

ConAgra Foods Inc. Batesville, AR 250 Agriculture May

Consol Energy Inc 318 Resources/utilities June

Organization Total (approx) Industry Month

Page 15: U.S Employment Restructuring Report Q3 2012

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

15 | employment restructuring report | united states edition Q3 2012

Consol Energy Inc. Monongalia County, W.Va 53 Resources/utilities April

Contech Castings of Clarksville, TN 53 Manufacturing June

Cooper Bussman Transportation 74 Transport/logistics June

Cox Enterprises Distribution Center, Smyrna Georgia 107 Transport/logistics May

Credit Suisse Grou,p NY 126 Banking/finance May

Crowley County Correctional Facility, Olney Springs Colorado 36 Public Administration June

Crozer Keystone Health System 325 Health/medical April

CVS distribution center, Patterson, CA 100 Pharmaceutical June

Dana Holding Corp 37 Manufacturing June

Dearborn Public Schools, MI 44 Education May

DeKalb County School District, GA 412 Education June

Delphinus Engineering 46 Manufacturing April

Desert Sands Unified School District 130 Education May

Detroit Firefighters 164 Public Administration June

Detroit Public Schools 4,000 Education April

Dillard’s distribution center, Davidson County 125 Transport/logistics May

Direct Energy 80 Resources/utilities April

Dow Chemical 900 Manufacturing April

DRS Technologies 150 Manufacturing April

Easton Area School District ,PA 77 Education April

Electric Energy 44 Resources/utilities June

Elyria School District Ohio 45 Education April

Erlanger Health System 142 Health/medical April

Ferry-Morse Seed Co. 199 Agriculture May

Fifth Third Asset Management 30 Banking/finance June

Finnair PLC 280 Aviation April

First Data Technologies, Louisville, KY 344 Technology June

First Solar 2000 Manufacturing April

FirstMerit Corp 338 Banking/finance May

Organization Total (approx) Industry Month

Page 16: U.S Employment Restructuring Report Q3 2012

Flagstaff Unified School District, AZ 37 Education May

Flint Hills Resources 35 Resources/utilities April

Flint Schools Michigan 237 Education May

Foxwoods Resort Casino 77 Hospitality/tourism June

Franklin-Essex-Hamilton Board of Cooperative Educational Services 45 Education May

Freedom Communications Inc 66 Media/entertainment June

Frontier Airlines 446 Aviation April

FTS International 127 Resources/utilities May

G&D Integrated 200 Transport/logistics May

Gary Community School Corp. 169 Education May

General Dynamics C4 Systems 58 Aerospace/defense April

General Motors GM 100 Manufacturing May

Genworth Financial Inc, Richmond Lynchburg 80 Banking/finance May

Georgia Pacific, Thorsby, AL 40 Manufacturing June

Georgia Perimeter College 282 Education June

Getco LLC 40 Banking/finance June

Getty Museum 34 Media/entertainment May

Glendale, AZ 49 Public Administration May

Goldman Sachs 50 Banking/finance June

Good Samaritan Medical Center, Corvallis Oregon 35 Health/medical May

H&R Block 350 Business services April

Hammond Indiana School Teachers 200 Education June

Hanford vitrification plant 200 Resources/utilities April

Hasbro Games 150 Media/entertainment April

Hawker Beechcraft 125 Aerospace/defense June

Hawker Beechcraft 150 Aerospace/defense May

Hewlett-Packard 27,000 Technology May

Hoku Material’s Pocatello plant 100 Manufacturing May

Hostess Brands Inc. 187 Manufacturing May

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

16 | employment restructuring report | united states edition Q3 2012

Organization Total (approx) Industry Month

Page 17: U.S Employment Restructuring Report Q3 2012

Hostess Brands, Southern Idaho 78 Manufacturing May

HSBC, Downtown Buffalo NY 77 Banking/finance May

Hutchinson Regional Medical Center 55 Health/medical April

IAP Worldwide Services Inc. Bethesda 99 Defense June

IBM 2,500 Technology April

Idaho National Laboratory 35 Science April

Illinois Secretary of State Jesse White 90 Public Administration June

Indiana Public Schools 150 Education May

Indianapolis Public Schools 163 Education May

Integra Specialty Hospital, Muncie 70 Health/medical April

Itron Inc West Union Plant 300 Manufacturing May

J.C. Penney Co. Plano, TX 600 Retail April

Jackson Public Schools,, MI 51 Education May

Jefferson County, AL 710 Public Administration May

Jefferson Parish Schools, LA 200 Education May

Joerns Healthcare 146 Health/medical April

Johnson Controls Cottondale 103 Manufacturing May

Johnson Controls Northwood 279 Manufacturing June

Josephine County 125 Public Administration May

Kaplan University 200 Education June

Kenworth Truck Company, Chillicothe Ohio 250 Manufacturing April

Key Technology 60 Technology June

King’s Daughters Medical Center, Ashland, KY 69 Health/medical May

Kingston Schools, NY 91 Education April

Kmart 170 Retail May

Kodak, Rochester, NY 41 Technology April

Kodak, Rochester, NY 141 Technology May

L-3 Communications 34 Manufacturing May

Lake Elsinore Unified School District, CA 73 Education April

Lakeside Hospital, NY 50 Health/medical April

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

17 | employment restructuring report | united states edition Q3 2012

Organization Total (approx) Industry Month

Page 18: U.S Employment Restructuring Report Q3 2012

Lakota Local School District 150 Education April

Laurel School District Delaware 35 Education May

Lawson Products Inc. 100 Distribution June

Lemon Grove School District school 30 Education May

Lifestyle Family Fitness 94 Health/medical June

Light House Home Products 99 Manufacturing April

Lockheed Martin 500 Aerospace/defense April

Logitech International 450 Technology June

Long Beach City College 55 Education April

Lorain School, OH 133 Education April

Loretto Operator of Nursing Homes, Central, NY 100 Community services May

Los Angeles County Court System 431 Law June

Los Angeles Superior Court System 100 Law April

Lumber Products 65 Manufacturing May

Lynchburg City Schools, VA 42 Education May

Maine General Medical Center, Augusta Maine 47 Health/medical May

Manchester New Hampshire 130 Education May

Mazda (US & Europe) 250 Manufacturing June

Medtroni 220 Health/medical May

Medtronic 1,000 Health/medical May

Memphis City Schools, TN 70 Education May

Meredith Corp 80 Media/entertainment April

Middle Township schools, NJ 62 Education May

Millennium Laboratory, Raleigh 142 Health/medical April

Milwaukee Public Schools District 400 Education April

Modesto City Schools 113 Education May

Mondi Akrosil, Menasha, WI 33 Manufacturing May

Mundy Maintenance Services and Operations, NC 40 Construction May

Muskegon Heights School, MI 158 Education May

MV Transportation West Palm Beach Bus Service 165 Transport/logistics June

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contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

18 | employment restructuring report | united states edition Q3 2012

Organization Total (approx) Industry Month

Page 19: U.S Employment Restructuring Report Q3 2012

MVP Health care 48 Health/medical May

New Mexico Institute of Mining and Technology 70 Education June

New Process Gear Inc. Syracuse, NY 400 Manufacturing May

Niche Inc 400 Manufacturing April

North County Times and The Californian 56 Media/entertainment April

Novant Health 289 Health/medical May

Olympus 2,700 Technology June

Oregon Courthouses 95 Law April

Orion Bus, Oriskany, NY 538 Transport/logistics April

Ottertail Wadena Community Action, New York Mills, MN 70 Community services May

Pacific Power 70 Resources/utilities June

Palm Springs Unified School District 40 Education May

Parsons Technology Development and Fabrication Complex, Pasco 103 Technology June

Pasco School District, FL 87 Education June

Peoria School District, IL 150 258 Education April

Philadelphia Archdiocese 45 Community services June

Pilgrim’s Pride, Chattanooga, TN 400 Manufacturing May

Pilkington Glass 60 Manufacturing April

Pittsburgh Port Authority, PA 560 Public Administration June

Pittsburgh Public Schools, PA 285 Education June

PotashCorp Aurora, NC 150 Manufacturing May

Pratt & Whitney 300 Manufacturing May

PrimeFlight Aviation Services, Bush International Airport 276 Aviation April

PrimeFlight Aviation Services, San Antonio International Airport 64 Aviation April

Queen of the Valley Medical Center in Napa, CA 55 Health/medical April

Radford Army Ammunitions, VA 840 Manufacturing June

Raymond James Financial Inc 200 Banking/finance April

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

19 | employment restructuring report | united states edition Q3 2012

Organization Total (approx) Industry Month

Page 20: U.S Employment Restructuring Report Q3 2012

Reading School District, PA 200 Education June

Recovery School District, New Orleans 190 Education June

Redsone Arsenal 43 Employment services June

Rich Township High School District 227 48 Education April

RIM 5,000 Technology June

Rochester City School District, NY 56 Education June

Saks Fifth Avenue, Aberdeen 223 Retail May

Salem Hospital 52 Health/medical June

San Diego Unified School District, CA 1,500 Education May

Sanofi 112 Pharmaceutical May

Saugus Union School District 79 Education May

Saxon Mortgage Services 680 Banking/finance April

Schneider Electric plant 70 Resources/utilities May

Sea Ray Boats Inc 65 Manufacturing May

Secure Customer Relations Inc, CA 98 Business services June

Sells Printing Co 67 Business services April

Siemens Rail Systems, Sacramento 44 Manufacturing June

Simi Valley Unified School District, CA 31 Education May

SkyWest Airlines 600 Aviation June

Sony DADC America 226 Technology May

Sprint Mobile Communications, Panama City 60 Telecommunications April

Sprint, FL 60 Business services April

ST-Ericsson 1,700 Technology April

St. Bernard Parish La 44 Public Administration May

St. Elizabeth Ann’s Health Care & Rehabilitation Center, NY 55 Health/medical April

St. Landry Parish School, LA 68 Education June

State Department of Labor and Training, RI 60 Public Administration June

Sterling Bank, Vancouver Washington 63 Banking/finance June

Suffolk County, NY 315 Public Administration April

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contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

20 | employment restructuring report | united states edition Q3 2012

Organization Total (approx) Industry Month

Page 21: U.S Employment Restructuring Report Q3 2012

Sunrise Hospital & Medical Center 144 Health/medical May

Suntron Corp 95 Manufacturing April

Supervalu Inc. 2,500 Retail June

SwedishAmerican Health System 49 Health/medical May

Sweetwater Union High School District, CA 200 Education May

Swisher International 150 Manufacturing May

Syracuse City School District, NY 86 Education May

Targacept Inc 65 Pharmaceutical April

Tennessee Department of Children’s Services 45 Public Administration June

The New York Times Company 50 Media/entertainment May

The Susquehanna Association for the Blind and Vision Impaired 30 Community services April

T-Mobile USA 900 Telecommunications May

Tobyhanna Army Depot 130 Defense April

TrailBlazer Health Enterprises LLC 750 Health/medical June

Tread Corp, Botetourt 100 Manufacturing June

TRG Customer Solutions, Jacksonville 371 Business services April

TribLocal 40 Media/entertainment April

TriQuint Semiconductor Apopka Plant 70 Manufacturing May

Tucson Unified School District, AZ 72 Education May

U.S. Steel 50 Community services April

Uni-Solar, Greenville Michigan 300 Manufacturing May

United Space Alliance 269 Aerospace/defense April

United States Postal Service USPS 13,000 Transport/logistics May

Universal Well Services 40 Resources/utilities May

University of Kansas Medical Center 80 Health/medical April

University of Kentucky 140 Education June

Utica, NY 157 Education June

Vanguard Health Systems 60 Health/medical April

Vanguard West Suburban Medical Center 39 Health/medical April

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contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

21 | employment restructuring report | united states edition Q3 2012

Organization Total (approx) Industry Month

Page 22: U.S Employment Restructuring Report Q3 2012

Verizon 1,700 Technology June

Verizon Wireless, Folsom and Rancho Cordova, CA 180 Telecommunications May

Vigil Games 80 Media/entertainment April

Watson Pharmaceuticals Inc 55 Pharmaceutical May

WellPoint Inc. 73 Insurance April

West Ottawa Public Schools Michigan 50 Education June

Westinghouse Electric Co. 200 Manufacturing May

Windstream Corp. 375 Telecommunications May

WS Packaging Inc. 53 Business services June

Yahoo 2,000 Technology April

Yahoo, Burbank 65 Technology April

York City School District 50 Education May

Yuma (Ariz.) Regional Medical Center 78 Health/medical April

Home

contents

summary

01 us labor marKet trends

02 us regional labor trends

03 most Heavily impacted sectors

04 us labor marKet outlooK

05 major announced us job layoffs

about tHis report

05

22 | employment restructuring report | united states edition Q3 2012

Organization Total (approx) Industry Month

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.

Page 23: U.S Employment Restructuring Report Q3 2012

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/toddwheatland

AbOuT ThIS rePOrT

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 the european union.

AbOuT Kelly SerVICeS®

Kelly Services, Inc. (nASdAQ: KelyA, Kelyb) is a leader in providing workforce solutions. Kelly® offers a comprehensive array

of outsourcing and consulting services as well as world-class staffing on a temporary, temporary-to-hire and direct-hire basis.

Serving clients around the globe, Kelly provides employment to more than 550,000 employees annually. revenue in 2011 was $5.6 billion.

Visit www.kellyservices.com and connect with us on Facebook, linkedIn, & Twitter.

TO reCeIVe ThIS rePOrT

This report is available to registered subscribers at www.kellyocg.com

A Kelly SerVICeS rePOrT

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