Research >> Economics
April Mass Layoffs total 1,388 actions, 135,600 workers
Employers took 1,388 mass layoff actions in April involving 135,600 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. Mass layoff events in April increased by 115 from March, and the number of associated initial claims increased by 14,290. In April, 287 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 33,243 initial claims.
Posted: May 22, 2012 Tuesday 10:00 AM