October Mass Layoffs

The latest Mass Layoffs news release from the Bureau of Labor Statistics, http://bls.gov:

In October, employers took 2,127 mass layoff actions involving 217,182 workers. Mass layoff events decreased by 434 and associated initial claims by 30,824 from September. Over the month, the number of manufacturing events, at 619, decreased by 237, and associated initial claims, at 70,572, decreased by 26,494.

The national unemployment rate was 10.2 percent in October 2009, seasonally adjusted, up from 9.8 percent the prior month and from 6.6 percent a year earlier. In October, total nonfarm payroll employment decreased by 190,000 over the month and by 5,504,000 from a year earlier.

Did you like this? If so, please bookmark it, about it, and subscribe to the blog RSS feed.

Other Posts On This Topic

• December 4, 2009 -- Employment Situation News Release
• November 11, 2009 -- Quarterly Extended Mass Layoffs
• February 10, 2010 -- If At First You Don’t Succeed, Spend More Money
• January 29, 2010 -- Sarah Palin’s Analysis Of The State Of The Union Speech