Displaced workers: reason for job loss
August 03, 2004
During the January 2001 through December 2003 period, 5.3 million workers were displaced from jobs they had held for at least 3 years.
Of these long-tenured workers, 43 percent lost or left their jobs due to plant or company closings or moves, 29 percent reported that their position or shift was abolished, and 28 percent cited insufficient work as the reason for being displaced.
The proportion reporting insufficient work was up slightly from the prior survey, and the share citing plant or company closings or moves was down.
These data come from the Current Population Survey (CPS). You can learn more about displaced workers in "Worker Displacement, 2001-03" (PDF) (TXT), USDL 04-1381. Workers who worked for their employer for 3 or more years at the time of displacement are referred to as long-tenured. Since 1984, the Employment and Training Administration of the U.S. Department of Labor has sponsored surveys of worker displacement. These surveys have been conducted every two years as supplements to the CPS.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Displaced workers: reason for job loss on the Internet at http://www.bls.gov/opub/ted/2004/aug/wk1/art02.htm (visited December 02, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.