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Obama Administration to Defense Contractors: No Layoff Notices Until After Election, Please

Jon198 Wrote: Sep 30, 2012 8:15 AM
I was working for a defense contractor and was laid off at the same time that Obama was elected, he's just padding the score in a lame attempt to keep his own job, not out of any concern for the the workers.

In an effort to make the economy look a little rosier than it is, the Obama administration is basically coercing defense contractors so as to prevent news of layoffs hitting voters before the election. With sequestration about to result in some major cuts to the defense budget, contractors will lose government business -- and that means, employees will lose jobs. But to prevent poor numbers ahead of the November election, the Obama administration has made it very, well, fiscally unwise for companies to issue layoff notices too early.

The Labor Department issued guidance in July saying it...