Mass layoffs in April
May 30, 2003
Employers initiated 1,576 mass layoff actions in April 2003, 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 161,095.
Compared with April 2002, the number of layoff events increased slightly, while the number of workers involved declined. April 2003 marked the 11th consecutive month the number of mass layoff initial claims declined over the year. From January through April 2003, the total number of events, at 6,460, and initial claims, at 624,401, were lower than in January-April 2002 (6,496 and 730,002, respectively).
These data are from the Mass Layoff Statistics program. Mass layoffs data for April 2003 are preliminary and subject to revision. For more information, see news release USDL 03-261, "Mass Layoffs in April 2003" (PDF) (TXT).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in April on the Internet at http://www.bls.gov/opub/ted/2003/may/wk4/art04.htm (visited May 04, 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.