The latest Mass Layoffs news release

[RTFX-Trading]

The latest Mass Layoffs news release
([url]http://www.bls.gov/news.release/pdf/mmls.pdf[/url])
was issued today by the Bureau of Labor Statistics. Highlights are below.
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In May, employers took 1,626 mass layoff actions, resulting in 171,387 filings
for unemployment insurance, seasonally adjusted. Both events and initial claims
were the highest for the month of May since 2003. Six states reached program highs in terms of
average weekly initial claims for the month of May.

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