Research >> Economics
November Mass Layoffs total 1,331 actions, 129,887 workers
Employers took 1,331 mass layoff actions in November involving 129,887 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported today. Each mass layoff involved at least 50 workers from a single employer. The number of mass layoff events in November decreased by 22 from October, while the number of associated initial claims increased by 11,198. In November, 322 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 36,343 initial claims.
Posted: December 22, 2011 Thursday 10:00 AM