US witnessed 1199 mass layoff actions in April involving 116849 workers

US witnessed 1199 mass layoff actions in April involving 116849 workers

22 May, 2013

Employers took 1,199 mass layoff actions in April involving 116,849 workers as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor reported. Each mass layoff involved at least 50 workers from a single employer. Mass layoff events decreased by 138 from March, and the number of associated initial claims decreased by 11,090. In April, 293 mass layoff events occurred in the manufacturing sector resulting in 29,744 initial claims. Monthly mass layoff events are identified using administrative data sources without regard to layoff duration.

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