Mass Layoffs In July 2007 — 2007-08-23

In July, employers took 1,221 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Each action involved at least 50 persons from a single establishment; the number of workers involved totaled 124,835, on a sea- sonally adjusted basis. The number of mass layoff events in July remained about the same when compared with the prior month, and the number of asso- ciated initial claims decreased by 3,062. Over the month, 383 mass layoff events were reported in the manufacturing sector, seasonally adjusted, re- sulting in 50,036 initial claims. Compared with June, mass layoff activity in manufacturing increased by 43 events, and initial claims increased by 10,763.