Mass layoffs by industry, February 2006
March 23, 2006
The manufacturing sector—with 24,892 initial claims for unemployment insurance due to mass layoffs (not seasonally adjusted)—accounted for 37 percent of all initial claims filed in February 2006. A year earlier, manufacturing comprised 33 percent of initial claims.
In February 2006, the number of manufacturing claimants was highest in transportation equipment manufacturing (mostly automotive-related), followed by food processing.
Administrative and waste services accounted for 8,492 initial claims filed in February 2006, with layoffs mainly in temporary help services.
During the month, 6,781 initial claims were from retail trade, primarily in general merchandise stores.
Construction accounted for 5,997 initial claims in February, mostly in specialty trade contractors.
These data are from the Mass Layoff Statistics program. To learn more, see Mass Layoffs in February 2006 (PDF) (TXT), news release 06-512. Mass layoffs data for February 2006 are preliminary and subject to revision.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs by industry, February 2006 on the Internet at http://www.bls.gov/opub/ted/2006/mar/wk3/art04.htm (visited February 08, 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.