Fewer mass layoffs at hospitals occurred in the first quarter of 2011 than in the first quarter of 2010, according to a release by the Bureau of Labor Statistics.
A mass layoff involves at least 50 employees losing their jobs at one hospital.
Ten mass layoffs occurred at hospitals in March, bringing the total for the first quarter to 33, involving at least 2,118 lost jobs.
In comparison, 12 hospital mass layoffs took place in March 2010, with 798 jobs lost. Thirty-six mass layoffs occurred in the first three months of 2010, with 2,516 people claiming unemployment benefits.
Read the Bureau of Labor Statistics release on hospital employment.
Related Articles on Hospital Layoffs:
4 Tips to Ease the Sting of Hospital Layoffs
5 Recent Healthcare Compensation Controversies
Hospitals Announce Layoffs, Salary Cuts Following Volume Decreases
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.