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.
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.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in January on the Internet at https://www.bls.gov/opub/ted/2006/feb/wk3/art04.htm (visited April 25, 2017).
Recent editions of Spotlight on Statistics
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.