Xenophon
Gone and forgotten
US Jan mass layoffs edge up on weak manufacturing
US Jan mass layoffs edge up on weak manufacturing | Reuters
No 'jobs' created and only bloated state and fed payrolls helped by the biggest ripoff of taxpayers ever, the 'stimulous.'
So much for the recovery.
The Labor Department said the number of mass layoff actions -- defined as job cuts involving at least 50 people from a single employer -- increased by 35 to 1,761. Mass layoffs had trended lower since August.
A total of 182,261 workers were affected last month. In January, 486 mass layoff events were reported in manufacturing, resulting in 62,556 workers filing claims for state unemployment benefits. It was the first increase in mass layoffs in manufacturing since August.
US Jan mass layoffs edge up on weak manufacturing | Reuters
No 'jobs' created and only bloated state and fed payrolls helped by the biggest ripoff of taxpayers ever, the 'stimulous.'
So much for the recovery.