U.S. employers initiated 1,330 mass layoff events in the third quarter of this year.
This is the highest level for the third quarter since 2001, according to preliminary figures released by the Bureau of Labor Statistics.
The mass layoffs accounted for more than 218,158 people being separated from their jobs for at least 31 days.
With more job layoffs, there will likely be more people filing bankruptcy.
--Read about the stories behind the mass layoffs
Tags: filing bankruptcy, mass layoffs
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