Mass layoffs down in September from a year earlier
October 25, 2002
Employers initiated 1,060 mass layoff actions in September 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 122,277.
A year earlier, in September 2001, there were 1,327 mass layoff events involving 160,402 workers.
Over 9 percent of the initial claims in September 2002 were in general freight trucking (11,348). An additional 6 percent were in the temporary help services industry (7,587).
In January through September 2002, both the total number of events, at 14,150, and initial claims, at 1,567,505, were lower than in January-September 2001 (14,475 and 1,734,530, respectively).
These data are from the Mass Layoff Statistics program. Mass layoffs data for September 2002 are preliminary and subject to revision. For more information, see news release USDL 02-602, "Mass Layoffs in September 2002" (PDF) (TXT).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs down in September from a year earlier on the Internet at http://www.bls.gov/opub/ted/2002/oct/wk3/art05.htm (visited August 30, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
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.