Mass layoffs in May
June 23, 2006
In May 2006, employers took 1,074 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 109,858. The number of layoff events declined by 74, and the number of associated initial claims decreased by 8,646 from April 2006.
In the manufacturing sector, 293 mass layoff events were reported during May 2006, resulting in 42,006 initial claims. Both figures were lower than a month earlier.
These data are from the Mass Layoff Statistics program. To learn more, see "Mass Layoffs in May 2006" (PDF) (TXT), news release USDL 06-1061.
Recent editions of Spotlight on Statistics
- Fatal Injuries to Foreign-Born Hispanic or Latino Workers
Explores the industries, occupations, and events related to these fatalities.
- For-Profit, Nonprofit, and Government Sector Jobs in 2022
Compares the labor force characteristics and experiences of workers in the for-profit, nonprofit, government, and self-employed sectors.
- Union Membership, Activity, and Compensation in 2022
Focuses on trends in union membership, work stoppages, and pay and benefits among union members.
- A Look at a Neat Industry: Distilleries
Examines trends in employment, establishments, wages, and consumer prices for distilleries.
- Healthcare Occupations: Characteristics of the Employed
Compares the demographic characteristics of workers in healthcare occupations.