April 2000 — 2000-06-13
In April 2000, there were 924 mass layoff actions by employers as measured by new filings for unemployment insurance benefits during the…
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In April 2000, there were 924 mass layoff actions by employers as measured by new filings for unemployment insurance benefits during the month, according to data from the U.S. Department of Labor's Bureau of Labor Statistics. Each action involved at least 50 persons from a single establishment, and the number of workers involved totaled 101,359. Both the number of layoff events and initial claimants for unemployment insurance were the lowest for April since data collection for this program began in April 1995. (See table 1.) The monthly data series in this release cover mass layoffs of 50 or more workers beginning in a given month, regardless of the duration of the layoffs.
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