Latest Jobs news: number of massive layoffs down last month!

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...the bad news, fewer people to say "misery loves company to."  Also, still more people are getting laid off.  It won't last too much longer.  Keep persevering.  - Dan.









From BLS


In July, employers took 2,157 mass layoff actions involving
206,791 workers. The number of mass layoff events decreased by 606 and the number of associated initial claims decreased by 72,440 from the prior month. Over the year, mass layoff events increased by 622, and associated initial claims increased by 54,292.


 


Also from BLS


In July, 26 states reported over-the-month unemployment rate increases, 17 states and the District of Columbia registered decreases, and 7 states had no change. Nonfarm payroll employment decreased in 29 states, and increased in 21 states and the District of Columbia.

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Dan DeMaioNewton
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