Fewer information technology layoffs in first quarter
May 25, 2004
Information technology-producing industries accounted for 6 percent of extended mass layoff events and 10,556 worker separations in the first quarter, down from 11 percent of layoff events and 28,582 separations a year earlier.
This was the lowest number of separations in the industry grouping since the first quarter of 2000.
Layoffs in the information technology-producing industries were most numerous in communications services and computer hardware.
These data are products of the Mass Layoff Statistics program. The information technology-producing industries are communication equipment, communications services, computer hardware, and software and computer services. "Extended mass layoffs" last more than 30 days and involve 50 or more individuals from a single establishment filing initial claims for unemployment insurance during a consecutive 5-week period. For more information, see "Extended Mass Layoffs in the First Quarter of 2004" (PDF) (TXT), news release USDL 04-895.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Fewer information technology layoffs in first quarter on the Internet at http://www.bls.gov/opub/ted/2004/may/wk4/art02.htm (visited February 09, 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.