U.S. layoffs up 14 percent in August

Source: (AHN)
Washington, DC, United States
Published: September 23, 2011 07:37 am EDT

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.

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.

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