Question:

Worst months for job layoffs

by Guest7781 | 12 years, 7 month(s) ago

The poet T.S. Eliot was wrong.

April is not the cruellest month, at least not for employees. December and January are.

Those two months, we have found, are the worst for mass layoffs at companies. We looked at the U.S. Bureau of Labor's monthly statistics for mass layoffs going back a decade to see which months accounted for the largest percentage of the pink slips issued in bulk by U.S. companies during any particular year.

Tags: job, layoffs, months, worst

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Guest8759

looking at ten years worth of data, December is the highest and averaged out at 12.6 per cent of the annual total followed by January at 12.2 per cent. If you spread it evenly throughout the year, each month would account for 8.3 per cent.

The best month is August, with an average of just 5.3 per cent.
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