Mass layoffs in December
January 27, 2006
In December 2005, employers took 1,308 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 149,565. The number of layoff events in December rose by 103 from November, and the number of associated initial claims increased by 28,782.
Seasonally adjusted mass layoff data have been revised using updated seasonal adjustment factors that incorporate 2005 data. Seasonally adjusted estimates back to January 2001 were subject to revision. The totals for each of the six seasonally adjusted series for January-December 2005 (as originally published and as revised) are available at http://www.bls.gov/mls/mlssarevision.htm, along with additional information about the revisions.
These data are from the Mass Layoff Statistics program. Mass layoffs data for November and December 2005 are preliminary and subject to revision. To learn more, see "Mass Layoffs in December 2005" (PDF) (TXT), news release USDL 06-122.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in December on the Internet at http://www.bls.gov/opub/ted/2006/jan/wk4/art05.htm (visited November 28, 2014).
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