Extended mass layoff events, 2011
February 13, 2012
For all of 2011, employers reported 6,331 extended mass layoff actions, affecting 1,045,220 workers. Compared to 2010, the number of events decreased by 916 (13 percent) and the number of separations decreased 211,914 (17 percent).
Permanent worksite closures accounted for 8 percent of extended mass layoff events in 2011, the lowest proportion of events due to closure in program history (with annual data available back to 1996).
Among the seven categories of economic reasons for layoff, layoffs due to business demand factors accounted for the largest number of events during 2011 (2,268), largely due to contract completion. Layoffs attributed to this reason occurred primarily in construction and in administrative and waste services, which includes temporary help services.
In addition to business demand factors, seasonal factors accounted for the second largest number of layoff events during 2011 (2,188), followed by layoff events due to other/miscellaneous reasons (1,055), financial issues (401), and organizational changes (299).
These data are from the Mass Layoff Statistics program. Extended mass layoff data for 2011 are preliminary and subject to revision. For more information, see "Extended Mass Layoffs — Fourth Quarter 2011" (HTML) (PDF), news release USDL-12-0217. The series on extended mass layoffs cover layoffs of at least 31-days duration that involve 50 or more individuals from a single employer filing initial claims for unemployment insurance during a consecutive 5-week period.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Extended mass layoff events, 2011 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20120213.htm (visited July 01, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
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.