Large-Scale Layoffs Slow
January 28th, 2010 admin
Businesses may not have begun their hiring sprees yet, but they’ve cut back on the layoffs. A seasonally adjusted 153,127 workers were let go in 1,726 mass layoff events in December, the Labor Department said Wednesday. A mass layoff is an incident in which a single employer terminates 50 or more workers. Employers laid off 10,696 fewer workers in December than the previous month, resulting in the smallest number of mass layoffs – and people laid off as a result – …
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The number of people let go in mass layoffs rose in January after four straight months of declines. Employers laid-off 182,261 workers, seasonally adjusted, in 1,761 mass layoff events last month, the Labor Department said Tuesday . A mass layoff is when a single employer terminates at least 50 people. Manufacturing employers laid off 104,846 workers...
Employers cut 125,000 jobs in June as many temporary U.S. Census workers were laid off while the more critical private sector added a fewer-than-expected …
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Mass layoffs continued to slow in May as employers in the manufacturing sector cut the fewest jobs since data collection began in 1995, a new report from the Labor Department on Thursday shows.
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The economy shed 125,000 jobs in June, as moderate growth in private employment was offset by scheduled layoffs of large numbers of temporary workers hired to conduct the 2010 Census.
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Boeing Co. said on Friday that it sent layoff notices to more than 1,000 people, most of them technology workers in Washington …
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There were far fewer deaths from on-the-job injuries last year than in 2008. It’s not hard to figure out why: There were far fewer jobs for people to die on.
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State unemployment rates stabilized last month, reflecting a broader nationwide trend, according to a Labor Department report …
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A program that encourages companies to avoid layoffs by reducing workers’ hours could be expanded to nearly half the states this …
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Scientists are puzzled why new H1N1 swine flu cases dwindled this winter , with regular seasonal flu hardly appearing at all. Fewer jobs mean less flu. (Associated Press) Perhaps the economy has something to do with it – with unemployment high, fewer people are sniffling around the water cooler. In fact, research from Emory University economists...
Stocks slumped Friday after a government report showed employers added fewer jobs than expected last month and the euro plunged to a new 4-year low, reviving worries about the health of the European economy.
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