MLS News ReleasesMass Layoffs (Monthly)
November 21, 2008
October seasonally adjusted mass layoff events (2,140) and
initial claims (232,468) decreased from the prior month.
However, both layoff events and initial claims reached their
highest October levels since 2001. Twelve states reached
program highs in terms of average weekly initial claims for
the month of October.
More... Extended Mass Layoffs (Quarterly)
November 13, 2008
In the third quarter 2008, 1,330 extended mass layoff events
resulted in 218,158 separations. Among the reasons for
layoffs, separations due to both slack work and bankruptcies
nearly doubled over the year; layoffs due to business-ownership
changes more than doubled. Construction recorded the highest
third quarter activity in program history.
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