U.S. Bureau of Labor Statistics (02/23/12)
Employers took 1,434 mass layoff actions in January involving 129,920 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, reports the U.S. Bureau of Labor Statistics. Mass layoff events in January increased by 50 from December, while the number of associated initial claims decreased by 15,728.
The manufacturing sector accounted for 25% of mass layoff events in January. The temporary help services industry had 13,692 mass layoff initial claims for the month.