Saturday, November 6, 2010

Mass layoffs slow in Bay State, spike in U.S. - Boston Business Journal:

http://eaglgymnastics.net/page/Make-Free-International-Calls-and-Toll-Free-Intern.html
Massachusetts companies oversaw 23 mass layoffsin May, resultinf in 2,281 initial unemployment claims, according to the . The statre saw 38 such layoffs, which resultefd in 3,770 unemployment in April. A mass as defined by the U.S. Bureau of Labord Statistics, is a single action by a singlde employer that causes at least 50 workers to losetheif jobs. The Bureau of Labor Statistics calculates mass layoff data on a seasonallyhadjusted basis. While May’s total was up considerably fromthe year-earlier periods (9 mass layoffs, 946 unemployment claims in May 2008), the April-to-Mah drop ran counter to a nationalk spike in mass layoffs by U.S. companies. In May, U.S.
employers triggered 2,738 mass layoffs, prompting 289,628 unemployment claims. Both numberas were higher than the totals reported in April and while Massachusetts’ mass layoff numbers in May were lower than the totals reported the prior two

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