Displaced workers: reason for job loss
August 03, 2004
During the January 2001 through December 2003 period, 5.3 million workers were displaced from jobs they had held for at least 3 years.
Of these long-tenured workers, 43 percent lost or left their jobs due to plant or company closings or moves, 29 percent reported that their position or shift was abolished, and 28 percent cited insufficient work as the reason for being displaced.
The proportion reporting insufficient work was up slightly from the prior survey, and the share citing plant or company closings or moves was down.
These data come from the Current Population Survey (CPS). You can learn more about displaced workers in "Worker Displacement, 2001-03" (PDF) (TXT), USDL 04-1381. Workers who worked for their employer for 3 or more years at the time of displacement are referred to as long-tenured. Since 1984, the Employment and Training Administration of the U.S. Department of Labor has sponsored surveys of worker displacement. These surveys have been conducted every two years as supplements to the CPS.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Displaced workers: reason for job loss on the Internet at http://www.bls.gov/opub/ted/2004/aug/wk1/art02.htm (visited April 17, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.