Wednesday, February 25, 2009

Gov't says 'mass layoffs' soared in January

Gov't says 'mass layoffs' soared in January: "The Labor Department reported that mass layoffs, or job cuts of 50 or more by a single employer, increased to 2,227 in January, up almost 50 percent from the same month last year. More than 235,000 workers were fired in last month's cuts."

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