Employers Took 1, 761 Mass Layoffs in January

Employers made 1, 761 mass layoffs in January, according to data released Tuesday by the Bureau of Labor Statistics.

January marks the first month-to-month increase in the number of mass layoffs since August 2009, indicating a grim employment forecast for Americans on the job hunt.

Monthly mass layoff numbers are from establishments which have at least 50 initial claims for unemployment insurance filed against them during a 5-week period.

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