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Hello… Welcome to Employment Crossing News… I’m Evangeline Fabia. More than 800 pharmaceutical jobs will be leaving New Jersey starting in August. Many of these job cuts and transfers were due to Johnson and & Johnson and Schering-Plough Corporations plans for restructuring the company Schering-Plough, based in Kenilworth, is cutting 500 jobs. New Brunswick-based J&J is eliminating 22 jobs at its Ortho Biotech unit in Bridgewater, shifting another 260 to its Centocor unit in Horsham, Pa., and cutting another 267 Ortho Biotect jobs outside New Jersey. Centocor and Ortho Biotech are consolidating their operations. Centocor makes the blockbuster rheumatoid arthritis drug Remicade. For more information… visit us at Employmentcrossing.com. I’m Evangeline Fabia… thankyou for watching Employment Crossing News. http://www.employmentcrossing.com ###

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Citing challenging market conditions, Chrysler will be eliminating 1,000 white collar jobs by September. It marks the 4th layoff in 18 months for the Auburn Hills, Michigan-based car maker. Chrysler also recently announced it was closing its Minivan plant in St. Louis and reducing Pick-Up production, all affecting 2,400 workers. J.D. Power and Associates projects a 10% decrease in new vehicle retail for the year. J.D. Power also forecasts projects a 10% decrease in new vehicle retail, compared to 16.1 million units sold last year. A combination of a slumping U.S. economy, high fuel costs, and a slow rental fleet market, have left Chrysler to fight to preserve liquidity. The result…cost cutting and reductions in the size of the company going forward. http://www.EmploymentCrossing.com

The month of June saw the state of California’s unemployment rate reach its lowest since 2003. June’s rate of 6.9% was an increase from 6.8% in May, and a staggering jump from 5.3% in June of last year. Major cutbacks in housing and financial fields contributed to the 12,800 jobs lost in June, but layoffs spread to new areas of the economy. Retail activity in California was down 2.5% in June, and in turn retail, manufacturing, and production sectors all reported cutbacks for the month. Examples of the job loss onslaught made for top headlines, as bad news plagued the states economy. From Bank of America cutting 7,500 jobs in its acquisition of faltering Countrywide, to Northrup Grummond losing a $35 billion contract that was put out to bid again by the Pentagon, the state was put on alert. Your neighborhood coffee hub, Starbucks, announced it is closing 88 stores in California this year. Even at the state level, where jobs are considered to be safe, and a sign of growth, 6,500 jobs were lost as California faces a $15.2 billion deficit for the fiscal year beginning July 1st. Across the nation, unemployment is a major concern. The national rate is up to 5.5%. With California, 1.4% higher, and over 1.2 million unemployed, the state is tied with Mississippi, for the third highest jobless rate in the country. http://www.EmploymentCrossing.com

Following recent moves to cut flight capacity and the size of its workforce,in reaction to a large drop in business and high increase in fuel prices, American Airlines is moving to layoff 1,500 positions in its Maintenance and Engineering division. In plans to retire its fleet of A300 aircraft, American has less use for some 1,300 maintenance workers and 200 management and staff positions. As the airline industry is on pace for a collective $12 billion loss in 2008, moves like this have become common. A decline in travel, and subsequent drop in flight capacity, have made air carriers move to cut back on labor costs. American is hoping natural attrition and early retirement will help some maintenance workers voluntarily remove themselves from the 1,500 needed to be let go. No date for the layoffs has been given by American, but the company had warned employees that a move like this, was coming. http://www.EmploymentCrossing.com

After grounding its fleet of 12, MD-80 jets, Midwest Airlines is laying off 1,200 employees, or 40% of its work force. The Wisconsin based airline, joins the list of struggling airline companies in the United States, being held down by high fuel costs. As American travel activity decreases, Midwest, like its competitors, has to cut costs to avoid bankruptcy. Midwest will move to cut back on its number of flights and where it concentrates on servicing the country. By not using its MD-80 planes, Midwest will avoid longer trips and higher fuel consumption. Instead, it will focus on more local and East Coast based flights, where its bulk of travelers go to or from. While airlines are currently struggling to stay in business, they are passing on their financial problems to their employees. Midwest is not only cutting jobs, but it is also cutting remaining employees’ pay, to try to stay profitable. Of the 1,200 jobs being eliminated, they cover all phases of Midwest operation, including: In Flight, Maintenance, and Admin jobs. http://www.EmploymentCrossing.com