In February, 1,672 mass layoff events resulted in 177,374 filings for unemployment insurance, seasonally adjusted. Both were the highest since 2003, and the highest in any month since September 2005 (reflecting the impact of Hurricane Katrina). Over the month, mass layoff events and initial claims rose 234 and 33,263, respectively.
U.S. Bureau of Labor Statistics, "Mass Layoffs in February 2008." http://www.bls.gov/news.release/pdf/mmls.pdf
Help us spread the word about these important stories...
Bookmark/Search this post with: