Extended Mass Layoffs In The Second Quarter Of 2007 — 2007-08-09
NOTE: This release was reissued on Thursday, August 30, 2007, to correct data in tables C and 10 and in the release…
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NOTE: This release was reissued on Thursday, August 30, 2007, to correct data in tables C and 10 and in the release text asso- ciated with those tables. See page 10 for corrections to data from the first quarter 2007 release.) In the second quarter of 2007, there were 1,249 mass layoff events that resulted in the separation of 238,721 workers from their jobs for at least 31 days, according to preliminary figures released by the U.S. Department of Labor�s Bureau of Labor Statistics. Both the total number of layoff events and separations were lower than in the April-June 2006 time period. (See table A.) The largest over-the-year decreases in separations were in transit and ground passenger transportation, administrative and support services, and general merchandise stores. Extended layoffs in the second quarter 2007 averaged 191 separations, down from an average of 219 separa- tions reported in the second quarter 2006.
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