#unemployment

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Hello from a December layoff

Hello to my fellow 'soon to be ex' V-Teamers. I was laid off in Dec 2025 with a role of Sr. Technical Project Manager (6V). Unfortunately, with all of the lay offs, in VZ and elsewhere, finding a new job has been next to impossible. Both my severance and pitifully small unemployment have both been exhausted. The LHH service they set up for us did not help me in the slightest. I say this not to scare you, well, maybe a little, but to tell you you need to set reasonable expectations. You are most likely going to be in this for the long haul. For those left behind, continue to create as much of a nest egg as you can because you are most likely going to need in when the next round of lay offs happen.

Good luck and God Bless.


New Jersey Economy Faces Slowdown

A Rutgers University report forecasts sluggish economic growth for New Jersey over the next two years, predicting a rate below the national average. The state's job market is expected to weaken, with employment growth projected to slow significantly in 2026. While education and health services have driven recent job gains, other sectors have experienced declines. Population growth, largely fueled by international migration, is also anticipated to decrease. The report suggests New Jersey's unemployment rate will remain higher than the national figure.

New Brunswick, New Jersey

https://jerseyvindicator.org/2026/07/11/new-jersey-economy-expected-to-trail-u-s-growth-for-next-2-years-rutgers-report-says/


Nebraska Labor Department Aids Tyson Workers

Nebraska Department of Labor hosted a Rapid Response session for Tyson employees facing upcoming layoffs. The event aimed to inform workers about available unemployment benefits and re-employment services. Presenters also discussed important topics like healthcare and financial support. Assistance was offered in multiple languages to accommodate all attendees. The department encourages affected individuals to utilize these resources.

Lexington, Nebraska

https://ruralradio.com/krvn/news/lexington-workers-experiencing-layoff-attend-rapid-response-layoff-services-event/


Over 1,100 Jobs Cut Across Arizona in June

U.S. employers added 57,000 jobs in June. The national unemployment rate decreased to 4.2%. This rate is below Arizona's most recent reported rate. Arizona experienced over 1,100 layoffs during June. Federal data provided these employment figures.

Arizona

https://www.azcentral.com/story/money/business/economy/2026/07/07/arizona-layoffs-us-jobs-report-june-slowdown/90822847007/


Conduent Lays Off Six Remote Workers in Wisconsin

Only one company reported layoffs in Wisconsin during June. Conduent, a business service provider, laid off six remote workers. The state Department of Workforce Development received this notice on June 26. This number is significantly lower than May's reported layoffs. Wisconsin's unemployment rate also decreased slightly in May.

https://finance.yahoo.com/economy/articles/wisconsin-sees-zero-layoff-notices-100546113.html


Unemployment Fear Shifts to Wealthier Americans

Unemployment fears are now concentrated among educated, higher-income Americans. This marks a significant shift from historical patterns. The New York Fed's Survey of Consumer Expectations tracks this trend. Their anxiety currently outpaces actual white-collar layoff rates. Automation and post-pandemic hiring corrections contribute to this growing concern.

https://qz.com/higher-income-americans-unemployment-fear-fed-survey-062926


Unemployment

I confirmed with someone high up that employees who accept the VSP will be listed as “voluntary quit” and not laid off. You should check with your state unemployment department to find out if you will qualify or not. As a part of the VSP, you also may be required to sign a document saying you forfeit unemployment by accepting the severance. I’d check with an employment lawyer though.


Phoenix Pharmacy Company CAPS Cuts 116 Jobs

Phoenix-based Central Admixture Pharmacy Services announced 116 layoffs. The pharmaceutical company filed a WARN notice on June 25. CAPS is the nation's largest network of outsourcing admixture pharmacies. These layoffs contribute to a weakening Arizona job market. The state's unemployment rate rose to 4.8% in May.

Phoenix, AZ

https://patch.com/arizona/phoenix/layoffs-slashing-more-100-jobs-phoenix-pharmacy-company


Wisconsin Reports No Job Layoffs During June

Wisconsin businesses reported no job layoffs for the entire month of June. This marks the first time in three years without any layoff notices filed. The state's unemployment rate slightly decreased to 3.4% in May. Manufacturing, mining, logging, and construction sectors added 5,100 jobs. Overall state employment increased by over 4,000 workers from April to May.

https://www.jsonline.com/story/money/business/2026/07/01/no-wisconsin-businesses-report-layoffs-in-june-first-time-in-3-years/90738064007/


US First-Time Claims Drop, Job Cuts Few

Weekly jobless claims decreased last week. The weekly total dropped to 215,000. This figure was below analyst expectations. Job cuts remained minimal amid economic concerns. The national job market shows resilience.

https://www.wral.com/news/ap/6c38e-us-jobless-aid-filings-fall-to-215-000-last-week-as-layoffs-remain-low-despite-economic-headwinds/


Unemployment and VSP

I put this in a reply to another thread but thought it was something that might be it's own topic. VSP is not for the benefit of the employee, it's for the benefit of the Company, Board and Shareholders

Something I don't think anyone is considering, and a point that Centene would like to keep quiet is Unemployment benefit requires you to lose your job through "no fault of your own". (check your state) If you resign or take a standard severance package on your own, you generally won't qualify. So if you do take VSP you should plan on making that money go as far as possible since Unemployment is not going to be an option.

Asking the AI the question, how long someone in our position could expect to be out of work.

In 2026, laid-off professionals from health insurance giants like Centene or Molina can typically expect a job search to last 4 to 6 months. While the general timeline to secure a role can stretch to 5–6 months on average, specialized roles often take longer to fill. Navigating a job search after leaving a payer company involves several factors.

General Insurance Market Average: In the broader white-collar and insurance sector, the typical duration ranges from 3 to 6 months.

Healthcare Specifics: Because of strict credentialing, compliance requirements, and extensive application reviews, hiring processes within the healthcare sector can be slower, sometimes taking up to 8 months to fill specific roles.

Company-Specific Context: Centene (which offered Centene Offers Staff Buyouts Ahead of Potential Layoffs) and Molina (which filed WARN notices for their headquarters Molina Healthcare Layoffs 2026 - 156 Jobs Cut) have recently navigated structural downsizing. This means many former colleagues may be applying for similar roles at competing payers like CVS Health, Elevance Health, or UnitedHealth Group, temporarily increasing competition for equivalent roles.


Tennessee Sees Over 5,000 Job Cuts in 2026

Over 5,000 Tennessee workers faced layoffs or closures halfway through 2026. The total reached 5,001 affected workers as of Monday. Recent WARN notices included Hard Rock Cafe, YesCare Corp., and Smurfit Westrock. These companies affected 61, 150, and 52 workers respectively. Tennessee's unemployment rate remained at 3.6% for four consecutive months.

Nashville, Tennessee

https://www.actionnews5.com/2026/06/22/warn-notices-5000-working-tennesseans-affected-by-closures-layoffs-halfway-through-2026-heres-what-we-know/


Washington State Adds Jobs; Unemployment Rate Stays Flat

Washington's unemployment rate held steady at 5.2% in May. The state economy added 10,600 jobs during the month. This represented the largest one-month gain this year. However, the unemployment rate was 4.5% in May 2025. Overall jobs decreased by 0.2% since that time.

https://www.kuow.org/stories/wa-employers-added-jobs-in-may-but-unemployment-rate-stayed-stuck-at-5-2


Vermont Labor Department Reports Slight Claim Increase

Vermont's initial weekly unemployment claims rose slightly. For the week ending June 13, 2026, 324 new claims were reported. This figure represents an increase of 38 from the prior week. Manufacturing and the service industry comprised the majority of these claims. The state's Unemployment Trust Fund remains well-capitalized at $334.3 million.

Vermont

https://vermontbiz.com/news/2026/june/21/weekly-unemployment-claims-edge-324


FREE RESOURCE FAIR, JUNE 24 - Space is Limited

Register below for a FREE Layoff Transition Resource Fair where you will:

Learn how to apply for Unemployment Insurance, healthcare coverage, and resources available through WorkSource Portland Metro during the Layoff Transition Assistance Session
Discover free training opportunities in growing fields like clean energy, healthcare, and early childhood education
Build a stronger resume in a hands-on workshop with tips you can apply right away
Connect with experts who can link you to community resources that meet your needs
Get a new professional headshot
Space is limited. There is room for 125 attendees.

Registration form link: https://docs.google.com/forms/d/e/1FAIpQLSdkJx_6bwTpjq0a4gFNMoHYrHdbk0U-NOU4nww40KM1Y9qJ8w/viewform?usp=dialog


FREE RESOURCE FAIR on June 24th - Space is limited

Register below for a FREE Layoff Transition Resource Fair where you will:
Learn how to apply for Unemployment Insurance, healthcare coverage, and resources available through WorkSource Portland Metro during the Layoff Transition Assistance Session
Discover free training opportunities in growing fields like clean energy, healthcare, and early childhood education
Build a stronger resume in a hands-on workshop with tips you can apply right away
Connect with experts who can link you to community resources that meet your needs
Get a new professional headshot
This event was created for workers who have been recently laid off (or are about to be laid off) from Multnomah County, the City of Portland, Sunstone Way, Portland State University, and Gresham-Barlow, Reynolds, Parkrose and Portland Public School Districts. All are welcome. Space is limited. There is room for 125 attendees, and we will be cutting off registrations when the event is filled.

Registration form link: https://docs.google.com/forms/d/e/1FAIpQLSdkJx_6bwTpjq0a4gFNMoHYrHdbk0U-NOU4nww40KM1Y9qJ8w/viewform?usp=dialog


Florida Unemployment Filings Decline After Spirit Layoffs

Florida experienced a significant drop in initial unemployment claims. There were 5,167 first-time filings for the week ending May 30. This marks the third consecutive week of declining claims in the state. Earlier in May, Spirit Airlines layoffs caused a surge in jobless claims. Florida's overall unemployment rate has been steadily increasing.

https://floridapolitics.com/archives/800725-florida-first-time-jobless-claims-see-sharp-drop-for-final-week-of-may/


The stress of being unemployed is real

I've been on both sides of this, and the fear of not having a job is just as bad as the misery of having one you hate. Watching your savings drain and your health coverage get closer to expiring is its own special kind of he-l. You still got a paycheck coming in, don't waste that advantage. Even if you think you're safe, it won't hurt you to start looking, just in case. There's a huge difference between getting to do it while still employed than when you're already without a job.


Massachusetts Companies Announce Over 5,000 Layoffs

Massachusetts reported over 5,500 layoffs through May 2026. These job cuts were announced via WARN notices. Dover Saddlery, Christianbook, and Cardinal Health are among those affected. Dover Saddlery plans 112 cuts, Christianbook 50, and Cardinal Health 58. The state's April unemployment rate was 4.7 percent.

Massachusetts

https://patch.com/massachusetts/across-ma/major-job-cuts-hit-massachusetts-2026


Store shutdowns, layoffs impact Pennsylvania

Pennsylvania experienced widespread job losses in early 2026. The state's unemployment rate rose to 4.2 percent. Amazon cut nearly 1,000 employees across several counties. Other companies like Vertex, Saks, and Liberty Home Choices also announced significant layoffs. Store closures and AI adoption contributed to these workforce reductions.

https://patch.com/pennsylvania/across-pa/major-store-closures-job-cuts-hit-pa-2026


Florida Jobless Claims Stabilize After Spirit Layoffs

Spirit Airlines, a Florida-based airline, recently shut down. This shutdown affected thousands of workers. Employees across three counties lost their jobs. Florida jobless claims spiked after these layoffs. New data indicates the labor market is now stabilizing.

Orlando, Florida

https://www.bizjournals.com/orlando/news/2026/05/31/jobless-claims-dip-after-spirit-led-spike.html


Hope Services Clients See Bay Area Job Losses

Bay Area businesses have laid off disabled workers. Hope Services, a nonprofit, supports these individuals. Twenty percent of its 250 clients lost jobs last year. These roles included janitorial work and retail positions. Economic factors and an expired federal tax credit contributed to the cuts.

https://www.nbcbayarea.com/news/local/layoffs-bay-area-workers-with-disabilities/4091574/


US Initial Jobless Claims Rise Slightly

Americans filed 215,000 initial jobless claims last week. This represented a 5,000 increase from the prior week. Economists had predicted 211,000 claims. Layoffs remained low despite ongoing economic uncertainties. Continuing unemployment benefits recipients also increased by 15,000.

https://www.reuters.com/business/us-weekly-jobless-claims-increase-marginally-amid-low-layoffs-2026-05-28/


Dura-Shiloh, Shimmick Cut Jobs in Tennessee

Over 4,000 Tennesseans have been affected by layoffs or closures in 2026. Dura-Shiloh and Shimmick Construction Company issued the latest WARN notices. These notices impact more than 250 workers in Di-kson and Hamilton counties. Tennessee's unemployment rate held steady at 3.6% for the third month. This rate remains below the national average.

Nashville, Tennessee

Dura-Shiloh |

https://www.wsmv.com/2026/05/27/warn-notices-more-than-4000-working-tennesseans-affected-by-closures-layoffs-nearly-halfway-through-2026/


Louisiana Initial Claims Drop

Louisiana's initial unemployment claims declined for the week. Claims totaled 1,394 for the period ending May 16. This figure is down from 1,490 the previous week. Continued unemployment claims also decreased to 5,987. However, the four-week moving average rose slightly to 1,398.

Louisiana

https://www.businessreport.com/article/louisiana-sees-initial-jobless-claims-decline-from-previous-week


The liquid savings question

Given the latest layoffs and the constant threat of more cuts, I’ve been thinking a lot about how much cash I have available and how many months of unemployment it would carry me through. I didn't like the number at all. Three months tops. I’m curious where other people stand when it comes to fully liquid savings, not stocks, retirement accounts, mutual funds, or anything you’d have to sell or wait on. Just money you could access immediately if things went sideways. Am I the only one who's utterly unprepared in all of this mess?