Mass Layoffs Total 224,079 Employees in Nov.

In November, 224,079 employees were laid off in 2,328 actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics reported Friday.

A mass layoff is one involving at least 50 persons from a single employer.

In October, there were 2,140 mass layoff events, involving 215,690 employees.

For the year, the number of mass layoff events rose 999, and the number of associated initial claims grew 84,408.

In November, 874 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 98,408 initial claims. Over the month, mass layoff events in manufacturing increased by 239, and initial claims increased by 11,005, the fourth consecutive over-the-month increase for both.

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