Erickson, Severstal announce layoffs

Published January 9, 2009 5:00am ET



Catonsville-based Erickson Retirement Communities will cut approximately 260 jobs and the Sparrows Point steel mill will continue to see temporary layoffs, the two companies said Thursday.

The cuts mean more pain for the region’s employment outlook, which has withered in the ongoing recession. The Labor Department will report employment data for December today, and economists expect that report to show another 475,000 jobs lost last month.

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