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US - Mass Layoffs Edge Down in May

June 20 2012

The number of mass layoffs — where 50 or more workers are laid off from a single workplace — fell by eight to 1,380 in May from April, according to seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. And initial claims for unemployment insurance caused by mass layoff events fell by 5,409 in May from April for a total of 130,191.

“Food service contractors” was the industry with the most initial claims due to mass layoff events in May with 10,326 initial claims, according to numbers that were not seasonally adjusted. Temporary help services was second with 6,857 initial claims in May.

Click on the graphs below to enlarge.

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