Table 8. Reason for layoff: Extended mass layoff events and separations associated with the movement of work,
selected quarters, 2006 and 2007
Layoff events Separations
Reason for layoff IV III IV IV III IV
2006r 2007r 2007p 2006r 2007r 2007p
Total, private nonfarm (1) .... 69 63 61 15,782 12,361 10,076
Business demand .................. 12 17 (2) 2,129 3,303 (2)
Contract cancellation .......... (2) (2) (2) (2) (2) (2)
Contract completion ............ (2) (2) - (2) (2) -
Domestic competition ........... - - - - - -
Excess inventory/saturated
market ....................... - (2) - - (2) -
Import competition ............. 7 10 7 1,463 2,269 1,165
Slack work/insufficient demand/
non-seasonal business slowdown (2) (2) (2) (2) (2) (2)
Organizational changes ........... 43 23 27 8,340 4,723 4,605
Business-ownership change ...... 5 4 5 1,160 903 1,325
Reorganization or restructuring
of company ................... 38 19 22 7,180 3,820 3,280
Financial issues ................. (2) 18 18 (2) 3,763 2,981
Bankruptcy ..................... - - - - - -
Cost control/cost cutting/
increase profitability ....... - (2) (2) - (2) (2)
Financial difficulty ........... (2) (2) (2) (2) (2) (2)
Production specific .............. 8 (2) - 4,016 (2) -
Automation/technological
advances ..................... - (2) - - (2) -
Energy related ................. - - - - - -
Governmental regulations/
intervention ................. - - - - - -
Labor dispute/contract
negotiations/strike .......... - - - - - -
Material or supply shortage .... - - - - - -
Model changeover ............... - - - - - -
Plant or machine repair/
maintenance .................. - - - - - -
Product line discontinued ...... 8 - - 4,016 - -
Disaster/safety .................. - - - - - -
Hazardous work environment ..... - - - - - -
Natural disaster (not weather
related) ..................... - - - - - -
Non-natural disaster ........... - - - - - -
Extreme weather-related event .. - - - - - -
Other/miscellaneous .............. (2) (2) (2) (2) (2) (2)
Other .......................... (2) (2) (2) (2) (2) (2)
Data not provided: refusal ..... - - - - - -
Data not provided: does not
know ......................... - (2) - - (2) -
1 See footnote 1, table 1.
2 Data do not meet BLS or state agency disclosure standards.
r = revised.
p = preliminary.
NOTE: Dash represents zero.