Extended mass layoffs in 2009
February 23, 2010
For all of 2009, employers reported 11,452 extended mass layoff actions, affecting 2,023,392 workers. Both layoff events and separations reached record highs.
Compared with 2008, the number of events in 2009 increased by 39 percent and the number of separations increased by 33 percent.
In the private nonfarm economy, all major industry sectors, except utilities and information, reported program highs in terms of events and separations in 2009. Manufacturing firms reported the highest number of separations, with 652,886, followed by administrative and waste services (232,817), construction (232,279), and retail trade (166,763). Within manufacturing, the largest number of separations was associated with transportation equipment, followed by food and machinery.
Among the seven categories of economic reasons for layoff, business demand factors accounted for 46 percent of the events and 40 percent of separations during 2009; both proportions are record highs for the series. The largest increases in events were related to business demand factors and financial issues.
These data are from the Mass Layoff Statistics program. Annual data are not seasonally adjusted. Extended mass layoffs cover layoffs of at least 31-days duration that involve 50 or more individuals from a single employer. To learn more, see "Extended Mass Layoffs — Fourth Quarter 2009; Annual Totals — 2009" (HTML) (PDF), news release USDL-10-0171.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Extended mass layoffs in 2009 on the Internet at http://www.bls.gov/opub/ted/2010/ted_20100223.htm (visited August 01, 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.