Share this story
Close X
Switch to Desktop Site

Mass layoffs continue to decline

(Read article summary)
View video

SoldAtTheTop / Paper Economy

(Read caption) The number of mass layoffs in the past decade (blue line) continues its steady decline from its 2009 heights. The orange area shows the percentage change from one year previous.

View photo

The September release of the Bureau of Labor Statistics (BLS) Mass Layoff Report indicated a continued decline in large-scale layoffs with 1486 mass layoff events resulting in 133,379 initial unemployment claimants on a seasonally adjusted basis.–

The BLS considers a mass layoff event to be a condition where there are at least fifty initial claims for unemployment insurance originating from a single employer over a period of five consecutive weeks.

About these ads

Add/view comments on this post.

Recommended: Mass layoffs decrease


The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here. To add or view a comment on a guest blog, please go to the blogger's own site by clicking on the link above.