Saturday, September 24, 2011

U.S. layoffs up 14 percent in August

The number of layoffs across the United States reached 1,587 in August, involving 165,547 workers, the U.S. Bureau of Labor Statistics reported Thursday.
clearpxl The report, seasonally adjusted as measured by latest filings for unemployment insurance benefits during the month, showed 165,547 people in August made initial claims for unemployment insurance related to mass layoffs, a 14.2 percent hike, or 20,547, from July and up 1.4 percent from August 2010.
Statistics showed at least 50 workers were laid off by a single employer. Some 391 mass layoff events were reported in the manufacturing sector, resulting in 48,997 initial claims.
The “Wired telecommunications carriers,” industry filed the most initial claims for unemployment insurance in August with 15,014, based on numbers that were not seasonally adjusted. Second was temporary help services, with 8,557 initial claims.
The U.S. posted a national unemployment rate of 9.1 percent in August, down from 9.6 percent a year earlier.

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