Downer: Layoffs Up in August According to Dept. of Labor
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In August, employers took 2,690 mass layoff actions involving 259,307 workers. Mass layoff events increased by 533 and associated initial claims by 52,516 from July.
Over the year, events increased by 803 and initial claims by 70,356. Year-to-date events and initial claims reached new program highs.
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