April 2001 — 2001-05-31
In April 2001, there were 1,445 mass layoff actions by employers as measured by new filings for unemployment insurance benefits during the…
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In April 2001, there were 1,445 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 175,064. (See table 1.) In January 2001 through April 2001, the total number of events, at 5,995, and initial claims, at 719,781, were higher than in January-April 2000 (4,889 and 535,327, respectively). 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 lay- offs.
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