Layoffs increase substantially in October
December 03, 2001
In October 2001, there were 1,816 mass layoff actions by employers as measured by new filings for unemployment insurance benefits during the month. Each layoff action involved at least 50 persons from a single establishment, and the number of workers involved totaled 212,695.
The number of layoff events and initial claimants for unemployment insurance were the highest for the month of October since the series began in April 1995. Over the January-October 2001 period, the total number of events, at 16,221, and initial claims, at 1,935,871, were substantially higher than in January-October 2000, at 11,364 and 1,292,335, respectively.
These data are products of the Mass Layoff Statistics program. Mass layoffs data for September and October 2001 are preliminary and subject to revision. For more information, see news release USDL 01-446, Mass Layoffs in October 2001.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Layoffs increase substantially in October on the Internet at http://www.bls.gov/opub/ted/2001/dec/wk1/art01.htm (visited September 26, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.