National job loss tops 130,000 in October
Mass layoffs in October -- because of difficulties in industries such as forestry, entertainment and auto manufacturing -- resulted in the loss of 131,780 jobs nationwide, according to data released Wednesday by the U.S. Department of Labor.
The job losses, as measured by unemployment insurance claims, represented more than 1,000 "layoff events."
Colorado had four layoff events involving 322 people in October. By comparison, the state had six layoff events in October 2006, with a loss of 517 jobs.
The West, which includes Colorado, had the second-lowest number of layoff events last month, at 38, with a loss of 2,905 jobs. New England had the fewest layoff events, at nine, with a loss of 614 jobs.
California reported the highest number of layoffs in October -- 28,004 from 380 layoff events -- because of problems in its forestry, agriculture, administrative services, motion picture and sound recording industries. Other states with large numbers of layoffs included Ohio (10,896), Illinois (7,710), Pennsylvania (7,009) and Michigan (5,187).
Ohio had the largest year-over-year increase in layoffs, with an increase of 8,006.
The labor department's data covers mass layoffs of 50 or more employees in a month, regardless of the length of the layoff.
Layoff data comes from the department's Mass Layoff Statistics (MLS) program. A federal-state collaboration, the program resumed in 1995, after being canceled for lack of funding in 1992.
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The job losses, as measured by unemployment insurance claims, represented more than 1,000 "layoff events."
Colorado had four layoff events involving 322 people in October. By comparison, the state had six layoff events in October 2006, with a loss of 517 jobs.
The West, which includes Colorado, had the second-lowest number of layoff events last month, at 38, with a loss of 2,905 jobs. New England had the fewest layoff events, at nine, with a loss of 614 jobs.
California reported the highest number of layoffs in October -- 28,004 from 380 layoff events -- because of problems in its forestry, agriculture, administrative services, motion picture and sound recording industries. Other states with large numbers of layoffs included Ohio (10,896), Illinois (7,710), Pennsylvania (7,009) and Michigan (5,187).
Ohio had the largest year-over-year increase in layoffs, with an increase of 8,006.
The labor department's data covers mass layoffs of 50 or more employees in a month, regardless of the length of the layoff.
Layoff data comes from the department's Mass Layoff Statistics (MLS) program. A federal-state collaboration, the program resumed in 1995, after being canceled for lack of funding in 1992.
Visit DiversityJobs.com for information on Diversity in the workplace
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