There have been 134,816 mass layoffs (>50 workers in each operation) during the period of July 1 thru Sept 30. The reason for the layoffs, as reported by the BLS on 11.16.06 were:
- Contract was completed: 28,000
- Seasonal work: 24,627
- Reorganization within Company: 21,159
- Slack work: 14,522
- Business Ownership Change: 8,683
- Financial Difficulty: 5,639
- Not Reported: 5,249
- Bankruptcy: 4,816
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