Number of mass layoffs up slightly in April-BLS

Newswire

WASHINGTON, May 29 (Reuters) - The number of layoffs involving 50 or more workers rose a bit in April compared to the same month a year ago, the Bureau of Labor Statistics said on Thursday. The BLS said there were 1,576 mass layoffs in April, up from 1,507 in April 2002. The number of workers made jobless through the layoffs declined, however, to 161,095 from 165,861 a year earlier. The numbers are not adjusted for seasonal or holiday-related variations. The data are compiled from ...

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