Thumbs Down: Massive Layoffs Increase in June
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In June, employers took 1,647 mass layoff actions involving 145,538 workers. Events increased by 235 over the month, and associated initial claims increased by 9,749. Local government reached a program high for initial claims, while the agriculture and manufacturing industries reached June program lows.
The latest Mass Layoffs news release
(http://www.bls.gov/news.release/pdf/mmls.pdf)
was issued today by the Bureau of Labor Statistics.
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