Hawaii mass layoffs up in April
Pacific Business News (Honolulu)
There were five "mass layoffs" in Hawaii in April, which resulted in the loss of 1,583 jobs for at least 31 days, according to the U.S. Department of Labor on Thursday.
In April 2007, there were only three mass layoff events that resulted in the loss of 185 jobs.
A mass layoff is when there are 50 or more initial claims for unemployment insurance benefits from one employer during a five-week period, with at least 50 workers separated for more than 30 days.
The increase in layoffs during April included the loss of jobs at Molokai Ranch and Aloha Airlines, which both shut down at the end of March.
Nationwide there were 1,308 mass layoffs in April that resulted in the separation of 133,914 workers from their jobs for at least 31 days, seasonally adjusted.
Seasonal adjustment is the process of estimating and removing the effect of regularly recurring seasonal events such as changes in the weather, holidays and the beginning and ending of the school year.
The manufacturing industry accounted for 31 percent of all mass layoff events in April.
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