Layoffs in August 2004
September 24, 2004
In August 2004, employers took 809 mass layoff actions, as measured by new filings for unemployment insurance during the month. Each action involved at least 50 persons from a single establishment, and the number of workers involved totaled 69,033.
Both the number of events and initial claims were lower than a year ago. It should be noted that August 2004 contained 4 weeks for possible mass layoffs, compared with 5 weeks in each August of the prior 3 years.
From January through August 2004, the total number of events, at 11,017, and of initial claims, at 1,118,574, were lower than in January-August 2003 (13,205 and 1,316,863, respectively).
The manufacturing sector had 24 percent of all mass layoff events and 26 percent of all initial claims filed in August—the smallest shares for any August since 1995, when the monthly series began. A year ago, manufacturing reported 32 percent of events and 39 percent of initial claims.
These data are from the Mass Layoff Statistics program. Mass layoffs data for July and August 2004 are preliminary and subject to revision. For more information, see news release USDL 04-1831, "Mass Layoffs in August 2004" (PDF) (TXT).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Layoffs in August 2004 on the Internet at http://www.bls.gov/opub/ted/2004/sept/wk3/art05.htm (visited December 08, 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.