Layoffs in October 2007
November 23, 2007
In October, employers took 1,320 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month.
Each action involved at least 50 persons from a single employer; the number of workers involved totaled 131,780, on a seasonally adjusted basis. The number of mass layoff events in October increased by 49 from the prior month, and the number of associated initial claims rose by 8,124.
Over the month, 424 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 56,293 initial claims. Compared with September, mass layoff activity in manufacturing decreased by 4 events, while initial claims increased by 5,657.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Layoffs in October 2007 on the Internet at http://www.bls.gov/opub/ted/2007/nov/wk3/art04.htm (visited March 04, 2015).
Three recent editions of Spotlight on Statistics
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.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.