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The number of Colorado companies executing large numbers of jobs at once is falling, the Denver Business Journal reports this morning, a sign that slightly less sucky times may lie ahead: (T)he number of Colorado workers let go in June's mass layoffs declined by more than half, to 832 in...

By Joe Tone

July 23, 2009

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The number of Colorado companies executing large numbers of jobs at once is falling, the Denver Business Journal reports this morning, a sign that slightly less sucky times may lie ahead:

(T)he number of Colorado workers let go in June's mass layoffs declined by more than half, to 832 in June from 1,762 in May, the Labor Department's Bureau of Labor Statistics said in its monthly report on large-scale layoffs.

Nationwide, both figures were down slightly in June from May, when the number of U.S. workers let go in mass layoffs reached its highest level in 14 years of record keeping.

In Colorado, mass layoffs peaked in December and January; 24 total layoffs of 50 or more workers were reported in each of those months, BLS said.

Read the story and download the report at denver.bizjournals.com.

Joe Tone

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