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Quarterly Extended Mass Layoffs

November 11, 2009 · Salvaterra · Print This Article

Courtesy of the Bureau of Labor Statistics: http://bls.gov

Employers initiated 1,776 extended mass layoff events that resulted in 277,924 job separations in the third quarter of 2009. The total number of events reached a record high for any third quarter. Nine major industry sectors had a record high number of events for a third quarter.

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