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News Manufacturing & Economy US Jan Mass Layoffs Edge Up on Weak Manufacturing
US Jan Mass Layoffs Edge Up on Weak Manufacturing
Wednesday, 24 February 2010 12:02
The Labor Department said the number of mass layoff actions -- defined as job cuts involving at least 50 people from a single employer -- increased by 35 to 1,761. Mass layoffs had trended lower since August.

A total of 182,261 workers were affected last month. In January, 486 mass layoff events were reported in manufacturing, resulting in 62,556 workers filing claims for state unemployment benefits.

Source: Reuters

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