Mass Layoffs Up By 3%

According to the government reports, the unemployment rate was 9.1 percent in August leading to a situation where as many jobs were lost as created. But this is getting worse, as in many organizations 50 or more people are being laid off at one time, which are known as “mass layoffs”. The impact is more severe to some states than others. Recently laid off Robert Ahlstrom of Utah is confident that he will find a new job. Living in California where unemployment rate is second highest, Stacy Murry finds the search for a new job is much harder.

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“Mass layoffs” in U.S. up 3 percent