Wednesday, May 23, 2007
Tweet[IWS] BLS: MASS LAYOFFS IN APRIL 2007 [23 May 2007]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
MASS LAYOFFS IN APRIL 2007 [23 May 2007]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 10 pages]
In April, employers took 1,243 mass layoff actions, seasonally ad-
justed, 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. Each action involved at least 50 persons from
a single establishment; the number of workers involved totaled 126,047,
on a seasonally adjusted basis. The number of mass layoff events de-
creased by 33 from the prior month, and the number of associated initial
claims fell by 4,640. During April, 383 mass layoff events were reported
in the manufacturing sector, seasonally adjusted, resulting in 43,753 ini-
tial claims. Compared with March, mass layoff activity in manufacturing
decreased by 37 events and by 10,688 initial claims. (See table 1.)
The national unemployment rate was 4.5 percent in April, essentially un-
changed from 4.4 percent the prior month and down from 4.7 percent a year
earlier. Total nonfarm payroll employment increased by 88,000 over the
month and by 1.9 million over the year.
AND MUCH MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
MASS LAYOFFS IN APRIL 2007 [23 May 2007]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 10 pages]
In April, employers took 1,243 mass layoff actions, seasonally ad-
justed, 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. Each action involved at least 50 persons from
a single establishment; the number of workers involved totaled 126,047,
on a seasonally adjusted basis. The number of mass layoff events de-
creased by 33 from the prior month, and the number of associated initial
claims fell by 4,640. During April, 383 mass layoff events were reported
in the manufacturing sector, seasonally adjusted, resulting in 43,753 ini-
tial claims. Compared with March, mass layoff activity in manufacturing
decreased by 37 events and by 10,688 initial claims. (See table 1.)
The national unemployment rate was 4.5 percent in April, essentially un-
changed from 4.4 percent the prior month and down from 4.7 percent a year
earlier. Total nonfarm payroll employment increased by 88,000 over the
month and by 1.9 million over the year.
AND MUCH MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 11:07 AM
