Friday, March 14, 2008

Mass layoff numbers show 654 jobs lost in Colorado


Seven Colorado companies were responsible for the mass layoffs of 654 people last month, according to a report released Wednesday by the federal Bureau of Labor Statistics.
A mass layoff means more than 50 employees at a single company lost their jobs. The data is culled from new filings for unemployment insurance benefits.
The report shows fewer mass layoffs at Colorado companies than in the recent past, with 12 employers eliminating 767 jobs in December and 14 businesses laying off 1,244 workers in November.
During January 2007, 11 Colorado companies cut 818 jobs through mass layoffs.

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