Economy

U.S. seeing rise in mass layoffs

After 21 years at the same Fort Lauderdale boat company, Robert Mulder lost his job. Mulder was laid off in November along with dozens of his co-workers, and now they face a job market that's expected to get worse.

Mass layoffs are putting more people like Mulder out of work. The U.S. Department of Labor said Wednesday that 238,000 people lost their jobs in mass layoffs nationwide in January, a 60 percent increase from January 2007.

Nearly 2,600 people have been affected in Broward and Miami-Dade counties so far this year – and it's only February.

This time last year, the number was less than 900.

Many of them face the prospect of long-term unemployment. Mulder and countless others, well-established in their careers, were suddenly thrust into a labor market that hasn't enough jobs to go around.

"It's pretty tough out there," said Mulder, who was his company's accounting manager and assistant controller. "Hopefully something will turn around, but you listen to the news and you get more depressed about what's going to happen. I'm looking for stuff at lower salaries, temp to perm, anything."

To read the complete article, visit www.miamiherald.com.

  Comments