Layoffs in December 2006

January 25, 2007

In December 2006, employers took 1,201 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month.

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

Each action involved at least 50 persons from a single establishment, and the number of workers involved totaled 133,818. The number of mass layoff events decreased by 19 from the prior month, and the number of associated initial claims decreased by 2,522.

Seasonally adjusted mass layoff data have been revised using updated seasonal adjustment factors that incorporate 2006 data. Seasonally adjusted estimates back to January 2002 were subject to revision. The totals for each of the six seasonally adjusted series for January 2002-December 2006 (as originally published and as revised) are available at http://www.bls.gov/mls/mlssarevision.htm, along with additional information about the revisions.

These data are from the Mass Layoff Statistics program. To learn more, see "Mass Layoffs in December 2006 and Annual Totals for 2006" (PDF) (TXT), news release USDL 07-0112.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Layoffs in December 2006 on the Internet at http://www.bls.gov/opub/ted/2007/jan/wk4/art04.htm (visited July 01, 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.