Increase in displaced workers
August 22, 2002
During the January 1999 through December 2001 period, 4.0 million workers were displaced from jobs they had held for at least 3 years.
The number of displaced workers increased from 3.3 million in January 1997 through December 1999. The more recent period includes the recession that began in March 2001 and the resulting slowdown in the labor market. In contrast, the prior survey covered a period of strong employment growth and declining unemployment.
These data are a product of the Current Population Survey. Displaced workers are defined as persons 20 years of age and older who lost or left jobs because their plant or company closed or moved, there was insufficient work for them to do, or their position or shift was abolished. Read more about displaced workers in "Worker Displacement, 1999-2001", news release USDL 02-483.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Increase in displaced workers on the Internet at http://www.bls.gov/opub/ted/2002/aug/wk3/art04.htm (visited December 01, 2015).
Recent editions of Spotlight on Statistics
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.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.