Mass layoffs in January

February 27, 2006

In January 2006, employers took 1,113 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month.

Mass layoff events, seasonally adjusted, January 2005-January 2006
[Chart data—TXT]

Each action involved at least 50 persons from a single establishment, and the number of workers involved totaled 108,378. The number of layoff events fell by 195 from December 2005, and was the lowest for any month since October 2000.

The number of initial claims due to mass layoff actions declined by 41,187 over the month. In the manufacturing sector, 274 mass layoff events were reported during January 2006, resulting in 29,541 claims. Both figures were the lowest ever recorded in the program.

These data are from the Mass Layoff Statistics program. Mass layoffs data for December 2005 and January 2006 are preliminary and subject to revision. To learn more, see "Mass Layoffs in January 2006" (PDF) (TXT), news release USDL 06-319.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in January on the Internet at http://www.bls.gov/opub/ted/2006/feb/wk3/art04.htm (visited August 28, 2016).

OF INTEREST

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.