U.S. Aug Mass Layoffs Rise, Manufacturing Worst Hit
The number of mass layoffs by U.S. employers rose by 533 in August from July, with the manufacturing sector the hardest hit, Labor Department data showed on Wednesday.
The number of mass layoff actions -- defined as job cuts involving at least 50 people from a single employer -- rose to 2,690 last month, affecting 259,307 workers.That brought the total of mass layoffs so far this year to 21,184.
Source: Reuters















