Mass layoffs in 2005
January 26, 2006
During 2005, 16,466 mass layoff events occurred in the nation, resulting in 1,795,341 initial claims filings for unemployment insurance.
In 2004, there were 15,980 events and 1,607,158 initial claimants.
Manufacturing accounted for 29 percent of all mass layoff events and 37 percent of initial claims filed during 2005. A year earlier, manufacturing accounted for 29 percent of events and 35 percent of initial claims.
The number of initial claims filed in 2005 due to mass layoffs was higher in the Midwest (571,950) than in any other region. Layoffs in transportation equipment manufacturing accounted for 30 percent of the claims in the Midwest.
These data are from the Mass Layoff Statistics program. Mass layoffs data for 2005 are preliminary and subject to revision. Each mass layoff event involves at least 50 persons from a single establishment. See "Mass Layoffs in December 2005 and Annual Averages for 2005" (PDF) (TXT), news releases USDL 06-122, for more information.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in 2005 on the Internet at http://www.bls.gov/opub/ted/2006/jan/wk4/art04.htm (visited October 24, 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.