Mass layoffs in June
July 25, 2002
Employers initiated 1,557 mass layoff actions in June 2002, 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 159,352.
A year earlier, in June 2001, there were 2,107 mass layoff events involving 253,826 workers. (June 2002 contained 4 weeks for possible mass layoffs, compared with 5 weeks in each June of the prior 2 years.)
From January through June 2002, the total number of initial claims, at 1,069,361, was lower than January-June 2001, while the number of events, at 9,779, was somewhat higher.
These data are products of the Mass Layoff Statistics program. Mass layoffs data for May and June 2002 are preliminary and subject to revision. Note that the June 2002 data do not include Arizona. For more information, see news release USDL 02-402, Mass Layoffs in June 2002 (PDF) (TXT).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in June on the Internet at http://www.bls.gov/opub/ted/2002/jul/wk4/art04.htm (visited June 27, 2016).
Recent editions of Spotlight on Statistics
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.
- 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.