Mass layoffs

The nation experienced a tough end to the year 2008. The New Year has heralded a host of massive job layoffs. Mass layoffs for instructional purposes can be described as job cuts or eliminations affecting 50 employees. It looks as though New Year's resolution of many companies was to reduce spending by cutting numerous positions with little regard for the workers who would be affected.

According to Bureau of Labor Statistics, there were 2,227 separate layoff actions, which then hit approximately 237,902 workers. Of course, so many more people than the reported 237,902 laid off will undoubtedly suffer as a result of loss of income. The states that were hardest hit in January mass layoff actions include California, New York, Pennsylvania and Ohio.

Hopefully in January is in no way indicative of what is in store for the U.S., especially with regard to this year's tentative layoff schedule. Since employment is steadily declining, while unemployment rises. Many Americans are stunned and left defenseless by these massive layoffs. The state of Arizona found an enormous change in unemployment over a year. In 2007, Arizona's unemployment rate 3.8%, while in 2008 bought a 1.7% increase brings Arizona's unemployment rate 5.5%.

If you are a part of the thousands of Americans who were laid off in January, bankruptcy services in Arizona may be of some help to you. You can make online research to determine exactly how you can take advantage of the many Arizona bankruptcy services that are available to those in need. If you do not have Internet access or simply prefer face to face interaction, any bankruptcy lawyer in Arizona have knowledge enough to inform you of the Arizona bankruptcy services and how they may apply to your specific situation.