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

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Employers in Texas initiatecd 135 mass layoffsin May, which is up from 55 mass layoffes during the same period of 2008. The number of layoffs, which are not seasonally was up from 74 in Apri l and 112in March. A mass layoff is definexd as the termination of 50 or more employeesw from asingle employer, the report says. The same reporty indicates that nationwide, U.S. employers performed 2,933 mass layoffw last month, which resulted in the terminatiojnof 312,880 workers on a seasonall y adjusted basis. The report says that initia l jobless claims rose to theitr highest level on recordin May. Since Decembed 2007, the start of the recession as designated bythe , U.S.
employer have performed more than 37,000 mass layoffxs resulting in morethan 3.8 million initialo claims for unemployment benefits on a seasonally adjustee basis. The national unemployment rate roseto 9.4 percent in May, up from 8.9 percent in Apri l and 5.5 percent in May 2008.