Mass layoff numbers double in May
The number of Coloradans who lost their jobs through mass layoffs more than doubled in a month's time, the federal Bureau of Labor Statistics said Friday.
The government counted 930 people who make initial claims for unemployment insurance during May, up from 455 in April. Eight companies had layoffs last month, an increase from five in April.
A mass layoff is defined as a company cutting at least 50 jobs.
A year earlier, three companies were involved in eliminating 276 jobs through mass layoffs in Colorado.
The government counted 930 people who make initial claims for unemployment insurance during May, up from 455 in April. Eight companies had layoffs last month, an increase from five in April.
A mass layoff is defined as a company cutting at least 50 jobs.
A year earlier, three companies were involved in eliminating 276 jobs through mass layoffs in Colorado.
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