LayoffBlog.com

March 23, 2009

Report: Mass Layoffs In February 2009

Filed under: FYI,unemployment — 7macaw @ 3:10 pm
Tags: ,

Employers took 2,769 mass layoff actions in February that resulted in the separation of 295,477
workers
, seasonally adjusted, as measured by new filings for unemployment insurance benefits during
the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

The number of mass layoff events in February increased by 542 from the prior month, while the number of associated initial claims increased by 57,575. Over the year, the number of mass layoff events increased by 1,100, and the associated initial claims increased by 112,439.

In absolute, not seasonally adjusted terms, however, the number of layoffs decreased significantly in most states.

Source: Bureau of Labor Statistics Report [pdf]

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