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Latest News

The Downturn by the Numbers Layoff Report Highest Since 9-11

Mass layoffs are at their highest number since September 11, 2001.

  • October 30, 2008
  • Comments (0)

1. Seasonally adjusted.

2. Cutting 25 percent or 5,000 white-collar jobs; 1,825 factory jobs. Some corporate cuts shown are worldwide and will be made over extended period.

Sources: Bureau of Labor Statistics; news reports; Bloomberg (unemployment forecast.)

Click here to return to How This Downturn Stacks Up.

Originally published by Advertising Age, a sister publication of Workforce Management.

Workforce Management'sonline news feed is now available via Twitter.

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What Can We Do When an Employee Has Exhausted the Leave-of-Absence Time Allowed by Our Workers' Comp Policy?

We have an employee who has been on workers' compensation for two years now—the claim is grandfathered under our old policy, but it's since changed. Now, when injured employees are on workers' compensation, they receive two-thirds of their pay and must use sick days and vacation to cover the remaining one-third. May we begin requiring the injured employee to use personal time?

—Sick About This, benefits coordinator, mining/oil/gas, Illinois

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