Gov't says 'mass layoffs' soared in January

WASHINGTON (AP) The Labor Department says mass layoffs, or job cuts of 50 or more by a single employer, increased to 2,227 in January, up by almost 50 percent from the same month last year.

The department says more than 235,000 workers were fired due to January's cuts.

Companies from a wide range of sectors announced thousands of layoffs last month, including Home Depot Inc., Boeing Co., Pfizer Inc. and Caterpillar Inc.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

-----------------------------------------------------------------------------------------------

abc30 News Links:
Links to other news sections on our website.

• HomePage
  
• Top Headlines
  
• Fresno Local News
  
• State News
  
• National/World News
  
• Entertainment News
  
• Business News
  
• Politics News
  
• Sports News
  
• Health Watch
  
• Consumer Watch
  
• Mr. Food
  

-----------------------------------------------------------------------------------------------

Breaking News Alerts:
Click Here to Sign-Up for Breaking News E-Mail Alerts
Receive Breaking News alerts in your email inbox.

Click Here to Sign-Up for Text Message Alerts
Receive Breaking News alerts right on your cell phone.

-----------------------------------------------------------------------------------------------