Mass layoffs in January 2012

February 24, 2012

Employers took 1,434 mass layoff actions in January involving 129,920 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month.

Mass layoff events and initial claimants for unemployment insurance, January 2009–January 2012, seasonally adjusted
[Chart data]

Mass layoff events in January 2012 increased by 50 from December 2011, while the number of associated initial claims decreased by 15,728.

In January, 341 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 33,597 initial claims.

These data are from the Mass Layoff Statistics program. For more information, see "Mass Layoffs — January 2012" (HTML) (PDF), news release USDL-12-0330. Each mass layoff involved at least 50 workers from a single employer.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in January 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20120224.htm (visited August 27, 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.