Over 1,100 Layoffs Announced in Illinois Last Month

The job market took a turn for the worst for at least 1,100 people in Illinois last month when their bosses realized that they were no longer economically viable and decided that they will lose their jobs by the end of the year. That number should look low to people who have been studying the job market because it is. Illinois law only requires companies to give advanced notice of layoffs if over 250 employees are being laid off from a single place unless the layoffs involve 25 or more workers who make up one third or more of a work force.