Layoffs August 2010

If you can believe this and I know you can, layoffs are still going on. In August 2010, 150,192 people were fired in 1546 mass layoffs. This is not just generic firing (labeled nicer terms to avoid the fact you're being fired), these are announced layoffs of 50 or more people at a time.

In manufacturing alone, there were 46,540 people who lost their job, from 403 mass layoffs.

This is just one month, August 2010 and was not this high since April 2010.

 

layoffs August 2010

 

While the press will note the events, or the number of scheduled layoffs declined, that seriously is not the point, because the number of people fired increased.

More industry by sector details are included in the BLS report.

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