Initial claims for unemployment insurance due to mass layoffs, March 2008
April 24, 2008
In March, employers took 1,571 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 157,156, on a seasonally adjusted basis.
March layoff events and associated initial claimants were the highest for the month of March since 2003.
In March 2008, 482 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 64,088 initial claims.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Initial claims for unemployment insurance due to mass layoffs, March 2008 on the Internet at http://www.bls.gov/opub/ted/2008/apr/wk3/art04.htm (visited October 09, 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.