256,357 Initial Unemployment Claimants In June, 2,519 Mass Layoff Events

The BLS has released the most recent mass layoff event and initial jobless claim data. The initial claimant data has dropped by about 34k month over month, and is 70.7% higher on a trailing twelve month basis. Comparable data for the initial jobless claims apps. It would be useful to compare these data vis-a-vis how many people are getting shut out from not only jobless claims but also emergency claims as the recession approaches its two year anniversary and millions have been unemployed for over a year.