Scroll down to Table A.
The 10 industries reporting the highest number of mass layoff initial
claims, not seasonally adjusted, had 61,660 claims in July, 37 percent of
the total. (See table A.) The two industries with the highest number of
initial claims were automobile manufacturing with 16,796 and temporary help
services with 11,057. Together, these two industries accounted for 17 per-
cent of all initial claims in July.
Source: http://www.bls.gov/news.release/mmls.nr0.htm
Related:
Existing home sales lowest since January 2004
Lots of layoffs in the auto industry combined with a stagnating housing market. I think most of the stagnating housing market and defaults are in regions outside the auto manufacturing regions of the US, however. What’s also got my attention is that companies are cutting temps off their payrolls.
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