Labor/Employment
Feb. 18, 2006
16 Years Later, Act Protecting Older Workers Remains Unclear
Employment Column - By Mary Dollarhide - Work-force reductions are a fact of American life. For the first 11 months of 2005, 14,143 mass layoffs affected more than 1.5 million workers, according to labor statistics. The numbers do not reflect cutbacks effected through other means, like exit incentives. And while you may expect this during a recession or times of high inflation, financially healthy companies also use cutbacks to further boost earnings and reduce costs.
By Mary Dollarhide
Work-force reductions are a fact of American life. For the first 11 months of 2005, 14,143 mass layoffs affected more than 1.5 million workers, according to labor statistics. The numbers do not reflect cutbacks effected through other ...
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