Layoff events in July 2004
September 01, 2004
In July 2004, employers took 2,094 mass layoff actions, as measured by new filings for unemployment insurance benefits during the month. Each action involved at least 50 persons from a single establishment, and the number of workers involved totaled 253,929.
Both the number of events and the number of initial claims for unemployment insurance were higher than a year ago. However, July 2004 contained 5 weeks for possible mass layoffs, compared with 4 weeks in July of each of the prior 4 years.
From January through July 2004, the total number of events, at 10,208, and of initial claims, at 1,049,541, were lower than in January-July 2003 (11,947 and 1,183,024, respectively).
These data are from the Mass Layoff Statistics program. Mass layoffs data for June and July 2004 are preliminary and subject to revision. For more information, see news release USDL 04-1712, "Mass Layoffs in July 2004" (PDF) (TXT).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Layoff events in July 2004 on the Internet at http://www.bls.gov/opub/ted/2004/aug/wk5/art03.htm (visited August 29, 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.