MLS News ReleasesMass Layoffs (Monthly)
September 23, 2008
August mass layoff events, at 1,772 seasonally adjusted, reached a program
high for the month, while associated initial claims, at 173,955, were the
highest for August since 2001. Year-to-date totals of layoff events (12,542)
and related initial claims (1,274,765) in 2008 were the highest January-August
totals since 2003.
More... Extended Mass Layoffs (Quarterly)
August 15, 2008
In the second quarter of 2008, 1,534 extended mass layoff
events resulted in the separation of 299,886 workers. Both
layoff events and separations reached their highest second
quarter levels since 2003. Layoffs due to slack work more
than doubled over the year to 40,300 separations, and changes
in business ownership more than quadrupled to 16,852.
More... CurrentArchived
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