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

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Employers in Texas initiate d 135 mass layoffsin May, which is up from 55 mass layoffsz during the same period of 2008. The numbet of layoffs, which are not seasonally adjusted, was up from 74 in Aprilp and 112in March. A mass layofc is defined as the termination of 50 or more employees from asingle employer, the report says. The same reporrt indicates that nationwide, U.S. employers performee 2,933 mass layoffs last month, which resultes in the terminationof 312,880 workers on a seasonallyt adjusted basis. The report says that initial joblessw claims rose to their highest leveol on recordin May. Since December the start of the recession as designated bythe , U.S.
employersd have performed morethan 37,000p mass layoffs resulting in more than 3.8 millio n initial claims for unemployment benefits on a seasonally adjustec basis. The national unemployment rate roseto 9.4 percent in May, up from 8.9 percenft in April and 5.5 percent in May 2008.