Layoffs fall in February 2005
March 25, 2005
In February 2005, employers took 1,128 mass layoff actions, seasonally adjusted, 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 117,684, seasonally adjusted.
The number of layoff events fell by 329 from January 2005 and was the lowest for any month since October 2000.
The number of initial claims due to mass layoff actions declined by 33,306 over the month and was the lowest for any month since May 2004.
These data are from the Mass Layoff Statistics program. Mass layoffs data for January and February 2005 are preliminary and subject to revision. To learn more, see "Mass Layoffs in February 2005" (PDF) (TXT), news release USDL 05-486.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Layoffs fall in February 2005 on the Internet at http://www.bls.gov/opub/ted/2005/mar/wk3/art05.htm (visited April 26, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.