Mass layoffs in October 2006
November 27, 2006
In October 2006, employers took mass layoff actions that involved a total of 113,724 workers, as measured by new filings for unemployment insurance benefits during the month. This total decreased by 3,049 from the previous month.
During October 2006, mass layoff events in the manufacturing sector resulted in 54,852 initial claims; this figure was higher than a month earlier.
The manufacturing sector accounted for 47 percent of all related initial claims filed in October; a year earlier, manufacturing comprised 41 percent of initial claims.
These data are from the Mass Layoff Statistics program. To learn more, see "Mass Layoffs in October 2006" (PDF) (TXT), news release UDSL 06-1998.These mass layoff data are seasonally adjusted. The monthly mass layoff data series cover mass layoffs of 50 or more workers beginning in a given month, regardless of the duration of the layoffs.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in October 2006 on the Internet at http://www.bls.gov/opub/ted/2006/nov/wk4/art01.htm (visited February 13, 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.