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Economic News Release
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Table 5. Layoffs and discharges levels and rates by industry and region, seasonally adjusted

Table 5. Layoffs and discharges levels and rates by industry and region, seasonally adjusted(1)
Industry and region Levels (in thousands) Rates(2)
Feb.
2023
Nov.
2023
Dec.
2023
Jan.
2024
Feb.
2024(p)
Change from:
Jan. 2024 -
Feb. 2024(p)
Feb.
2023
Nov.
2023
Dec.
2023
Jan.
2024
Feb.
2024(p)
Change from:
Jan. 2024 -
Feb. 2024(p)

Total

1,571 1,546 1,607 1,596 1,724 128 1.0 1.0 1.0 1.0 1.1 0.1

INDUSTRY

Total private

1,486 1,462 1,508 1,527 1,640 113 1.1 1.1 1.1 1.1 1.2 0.1

Mining and logging

6 8 5 8 6 -2 1.0 1.2 0.8 1.2 1.0 -0.2

Construction

171 171 173 187 214 27 2.1 2.1 2.1 2.3 2.6 0.3

Manufacturing

118 109 110 118 119 1 0.9 0.8 0.8 0.9 0.9 0.0

Durable goods

58 53 56 64 57 -7 0.7 0.7 0.7 0.8 0.7 -0.1

Nondurable goods

60 55 54 54 62 8 1.2 1.1 1.1 1.1 1.3 0.2

Trade, transportation, and utilities

310 317 318 288 301 13 1.1 1.1 1.1 1.0 1.0 0.0

Wholesale trade

53 59 43 44 53 9 0.9 1.0 0.7 0.7 0.9 0.2

Retail trade

156 145 142 136 161 25 1.0 0.9 0.9 0.9 1.0 0.1

Transportation, warehousing, and utilities

101 112 133 108 87 -21 1.4 1.6 1.9 1.5 1.2 -0.3

Information

42 24 32 17 27 10 1.4 0.8 1.1 0.6 0.9 0.3

Financial activities

39 71 48 65 54 -11 0.4 0.8 0.5 0.7 0.6 -0.1

Finance and insurance

21 46 27 34 32 -2 0.3 0.7 0.4 0.5 0.5 0.0

Real estate and rental and leasing

18 26 22 30 22 -8 0.7 1.0 0.9 1.2 0.9 -0.3

Professional and business services

385 325 361 461 396 -65 1.7 1.4 1.6 2.0 1.7 -0.3

Private education and health services

152 166 161 154 175 21 0.6 0.6 0.6 0.6 0.7 0.1

Private educational services

33 23 20 21 18 -3 0.9 0.6 0.5 0.6 0.5 -0.1

Health care and social assistance

118 144 141 133 157 24 0.6 0.7 0.6 0.6 0.7 0.1

Leisure and hospitality

201 212 239 183 306 123 1.2 1.3 1.4 1.1 1.8 0.7

Arts, entertainment, and recreation

73 66 75 83 140 57 3.0 2.5 2.9 3.2 5.3 2.1

Accommodation and food services

128 146 163 99 166 67 0.9 1.0 1.1 0.7 1.2 0.5

Other services

63 60 61 46 41 -5 1.1 1.0 1.0 0.8 0.7 -0.1

Government

84 84 99 69 84 15 0.4 0.4 0.4 0.3 0.4 0.1

Federal

6 8 8 6 6 0 0.2 0.3 0.3 0.2 0.2 0.0

State and local

78 76 90 64 78 14 0.4 0.4 0.4 0.3 0.4 0.1

State and local education

38 42 44 33 37 4 0.4 0.4 0.4 0.3 0.3 0.0

State and local, excluding education

40 34 46 31 41 10 0.4 0.4 0.5 0.3 0.4 0.1

REGION(3)

Northeast

261 264 245 296 291 -5 0.9 0.9 0.9 1.1 1.0 -0.1

South

585 568 589 610 694 84 1.0 1.0 1.0 1.0 1.2 0.2

Midwest

348 304 358 309 380 71 1.1 0.9 1.1 0.9 1.1 0.2

West

377 411 415 381 359 -22 1.0 1.1 1.1 1.0 1.0 0.0

Footnotes
(1) The layoffs and discharges level is the number of layoffs and discharges during the entire month.
(2) The layoffs and discharges rate is the number of layoffs and discharges during the entire month as a percent of employment.
(3) The states (including the District of Columbia) that comprise the regions are: Northeast: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont; South: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia; Midwest: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin; West: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.
(p) Preliminary

NOTE: Data are revised with the release of January data to incorporate the annual updates to the Current Employment Statistics employment estimates and the JOLTS seasonal adjustment factors.

Last Modified Date: April 02, 2024