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Dayton Business Journal...
Large-scale layoffs fall in Ohio; lowest in U.S. since ’07
Wednesday, June 20, 2012 

Mass layoffs affected fewer Ohio workers in May compared with a year ago, according to federal data released this week. 

Last month, Ohio employers laid off at least 50 workers 37 times, resulting in 3,401 initial claims for unemployment insurance. That’s down from May 2011, when employers laid off workers en masse 63 times, sending 5,170 workers to the unemployment line, the U.S. Bureau of Labor Statistics    said. 

The department defines a mass layoff event as 50 or more initial claims for unemployment insurance filed against an employer during a five-week period. 

Ohio’s drop-off in mass layoffs outperformed regional and national totals. In the 12-state Midwest region, the number of workers filing first-time claims for unemployment insurance increased from 26,017 to 26,349 despite a decrease in the number of mass layoff events. 

Throughout the U.S., 109,259 workers filed such claims last month, down from 119,911 a year ago. About 19 percent of those claims came in the manufacturing sector. 

Nationwide mass layoffs have fallen to their lowest level since 2007 through the first five months of the year, the bureau said. 

Read this and other articles at Dayton Business Journal




 
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