According to the Bureau of Labor Statistics, 12.3 million Americans are unemployed. Unfortunately, a large number of jobs are ending in response to President Obama's re-election.
FreedomWorks reports, "With 20 or so new or higher taxes set to be implemented, ranging from a $123 billion surtax on investment income, through the $20 billion medical device tax, all the way down to the $600 million executive compensation limit, Obamacare will be a nearly unbearable tax burden on the economy."
Here is a partial list from FreedomWorks of companies that have announced layoffs:
Welch Allyn: 275 employees
Stryker: estimated 1,170 employees
Boston Scientific: at least 1,200 employees
Medtronic: 1,000 employees
Smith & Nephew - 770 employees
Besides medical companies, there are also layoffs at defense contractors and a coal mining company. The Christian Post reports, "The CEO of coal mining company Murray Energy Corp. said the re-election of President Barack Obama has forced him to make layoffs."
Unrelated Additional Prayer Requests:
- The Zetas drug cartel occupies Coahuila, Mexico. Pray for the people harvesting, distributing and selling drugs to find honest employment. Also pray for the leaders of this cartel to be convicted of the harm they've done, to repent and make restitution with their victims. (Source: Los Angeles Times)
- At least 15 people were killed Wednesday by an earthquake in Guatemala. Pray for the families of the victims to be comforted by the Holy Spirit and for people with injuries to heal quickly. (Source: Associated Press)
- Thursday 20 people were killed by bombings in Afghanistan. Pray for peace in Afghanistan and that the terrorists would be convicted of the hate in their hearts and come to know Jesus as Savior. (Source: Associated Press)