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Mass Layoffs Rise More Than 50 Percent in January

The number of mass layoffs totaled 2,227 last month, a 50.9 percent increase compared with a year earlier.

February 25, 2009
The number of mass layoffs totaled 2,227 in January, a 50.9 percent increase compared with the same month last year, according to seasonally adjusted numbers released Wednesday, February 25, by the U.S. Bureau of Labor Statistics.

Initial unemployment claims associated with the mass layoffs rose 59.6 percent year-over-year in January to 237,902.

A mass layoff action involves at least 50 workers from a single workplace.

Temporary help services was the industry with the highest number of initial claims for unemployment stemming from mass layoffs (not seasonally adjusted) at 25,467 claims, according to the BLS.

The South was the region with the most initial claims (not seasonally adjusted) from mass layoffs at 115,630.

—Compiled by Staffing Industry Analysts, a sister company of Workforce Management. To comment, e-mail editors@workforce.com.

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