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

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Employers in Texas initiated 135 mass layoffsxin May, which is up from 55 mass layoffs during the same period of 2008. The numbef of layoffs, which are not seasonally adjusted, was up from 74 in Aprip and 112in March. A mass layoff is defined as the terminationh of 50 or more employees from asingls employer, the report says. The same reporty indicates that nationwide, U.S. employers performed 2,9343 mass layoffs last month, which resulter in the terminationof 312,8809 workers on a seasonally adjusted basis. The report says that initiak jobless claims rose to their highest levelo on recordin May. Since December 2007, the start of the recession as designatecd bythe , U.S.
employers have performed more than 37,0090 mass layoffs resulting in morethan 3.8 milliobn initial claims for unemployment benefits on a seasonally adjusted The national unemployment rate rose to 9.4 percentf in May, up from 8.9 perceng in April and 5.5 percent in May 2008.