Tuesday, September 23, 2008
[IWS] BLS: MASS LAYOFFS IN AUGUST 2008 [23 September 2008]
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 AUGUST 2008 [23 September 2008]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 10 pages]
In August, employers took 1,772 mass layoff actions, seasonally adjusted, 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 employer;
the number of workers involved totaled 173,955, on a seasonally adjusted basis. Layoff events reached
a program high for the month of August (with data available back to 1995), and associated initial
claimants reached its highest level for the month since 2001. The number of mass layoff events this
August increased by 260 from the prior month, while the number of associated initial claims rose by
22,784. In August, 599 mass layoff events were reported in the manufacturing sector, seasonally
adjusted, resulting in 72,244 initial claims. Over the month, mass layoff events in manufacturing
increased by 156, and initial claims increased by 14,774. (See table 1.)
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 AUGUST 2008 [23 September 2008]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 10 pages]
In August, employers took 1,772 mass layoff actions, seasonally adjusted, 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 employer;
the number of workers involved totaled 173,955, on a seasonally adjusted basis. Layoff events reached
a program high for the month of August (with data available back to 1995), and associated initial
claimants reached its highest level for the month since 2001. The number of mass layoff events this
August increased by 260 from the prior month, while the number of associated initial claims rose by
22,784. In August, 599 mass layoff events were reported in the manufacturing sector, seasonally
adjusted, resulting in 72,244 initial claims. Over the month, mass layoff events in manufacturing
increased by 156, and initial claims increased by 14,774. (See table 1.)
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 : 12:04 PM
