Mass layoffs rise in Texas, U.S. - San Antonio Business Journal:

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Employers in Texas initiated 135 mass layoffsin May, whic is up from 55 mass layoffzs during the same period of 2008. The number of which are not seasonally adjusted, was up from 74 in April and 112 in A mass layoff is defined as the terminatioh of 50 or more employees from asingl employer, the report says. The same reportf indicates that nationwide, U.S. employers performed 2,933 mass layoffz last month, which resulted in the terminationof 312,8890 workers on a seasonally adjusted basis. The repor t says that initial jobless claims rose to theifr highest level on recordin May. Since Decembefr 2007, the start of the recessioj as designated bythe , U.S.
employerzs have performed morethan 37,000 mass layoffe resulting in more than 3.8 millionn initial claims for unemployment benefitx on a seasonally adjusted basis. The national unemployment rate roseto 9.4 percentg in May, up from 8.9 percenr in April and 5.5 percent in May 2008.