Politics > Politics-USA > Hey, Georgie, we had record mass layoffs in January. But I thought you said......................................................................
| Topic: |
Politics > Politics-USA |
| User: |
"Harry Hope" |
| Date: |
27 Feb 2004 06:23:36 PM |
| Object: |
Hey, Georgie, we had record mass layoffs in January. But I thought you said...................................................................... |
From UPI, 2/27/04:
http://washingtontimes.com/upi-breaking/20040226-040956-6165r.htm
Mass layoffs set record in January
WASHINGTON (UPI) --
There were more mass layoffs in January in the United States than in
any previous January for the nine-years that such records have been
kept.
The U.S. Bureau of Labor Statistics' said both the number of mass
layoff actions nationally and the number of unemployment compensation
claims filed as a result were higher last month than in the same month
a year earlier, the Kansas City Star reported Thursday.
The extent of the layoffs surprised market analysts who expected them
to increase for seasonal reasons, but not as much as occurred.
The higher counts ran counter to a general downward trend over the
past year for both the number of mass layoff actions -- layoffs of 50
workers or more at a single work site -- and the number of initial
jobless claims resulting from the actions.
_______________________________________________________
So what's the story, Georgie baby.
Harry
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