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Year/Quarter | Mass layoffs | Extended mass layoffs lasting more than 30 days | Realization rates(1) | |||
---|---|---|---|---|---|---|
Events | Initial claimants | Events | Initial claimants | Events | Initial claimants | |
1996 | 12,614 | 1,320,844 | 4,760 | 805,810 | 37.7 | 61.0 |
1997 | 12,869 | 1,381,669 | 4,671 | 879,831 | 36.3 | 63.7 |
1998 | 13,562 | 1,583,817 | 4,859 | 1,056,462 | 35.8 | 66.7 |
1999 | 12,479 | 1,382,359 | 4,556 | 796,917 | 36.5 | 57.6 |
2000 | 13,525 | 1,645,532 | 4,591 | 846,267 | 33.9 | 51.4 |
2001 | 19,449 | 2,346,584 | 7,375 | 1,457,512 | 37.9 | 62.1 |
2002 | 18,212 | 2,069,713 | 6,337 | 1,218,143 | 34.8 | 58.9 |
2003 | 16,821 | 1,721,985 | 6,181 | 1,200,811 | 36.7 | 69.7 |
2004 | 14,207 | 1,464,164 | 5,010 | 903,079 | 35.3 | 61.7 |
2005 | 14,823 | 1,640,878 | 4,881 | 834,533 | 32.9 | 50.9 |
2006 | 12,587 | 1,371,995 | 4,885 | 951,155 | 38.8 | 69.3 |
2007 | 14,046 | 1,485,973 | 5,363 | 978,712 | 38.2 | 65.9 |
2008 | 19,432 | 1,995,027 | 8,259 | 1,670,042 | 42.5 | 83.7 |
2009 | ||||||
First Quarter | 7,913 | 807,445 | 3,979 | 835,551 | 50.3 | 103.5 |
Second Quarter | 7,008 | 733,431 | 3,395 | 731,049 | 48.4 | 99.7 |
Third Quarter | 5,251 | 528,923 | 2,034 | 406,823 | 38.7 | 76.9 |
Fourth Quarter | 5,523 | 527,289 | 2,416 | 468,577 | 43.7 | 88.9 |
2010 | ||||||
First Quarter | 4,884 | 466,610 | 1,870 | 368,664 | 38.3 | 79.0 |
Second Quarter | 4,222 | 419,729 | 2,008 | 396,441 | 47.6 | 94.5 |
Third Quarter | 3,435 | 323,256 | 1,370 | 260,077 | 39.9 | 80.5 |
Fourth Quarter | 4,613 | 443,337 | 1,999 | 390,584 | 43.3 | 88.1 |
2011 | ||||||
First Quarter | 4,135 | 388,497 | 1,490 | 258,220 | 36.0 | 66.5 |
Second Quarter | 4,084 | 407,830 | 1,810 | 342,530 | 44.3 | 84.0 |
Third Quarter | 3,729 | 374,537 | 1,393 | 291,066 | 37.4 | 77.7 |
Fourth Quarter | 4,453 | 449,138 | 1,903 | 403,457 | 42.7 | 89.8 |
2012 | ||||||
First Quarter | 3,447 | 312,784 | 1,294 | 291,174 | 37.5 | 93.1 |
Second Quarter | 3,859 | 391,465 | 1,959 | (r)383,492 | 50.8 | 98.0 |
Third Quarter | 3,062 | 308,248 | 1,124 | (r)228,818 | 36.7 | (r)74.2 |
Fourth Quarter | 4,868 | 502,966 | (2)(r)2,123 | (2)(r)432,792 | (r)43.6 | (r)86.0 |
2013 | ||||||
First Quarter | 3318 | 316561 | (2)(p)914 | (2)(p)133294 | (2)(p)27.5 | (2)(p)42.1 |
(1) The event realization rate is the percentage of all private nonfarm mass layoff events lasting more than 30 days. The initial claimant realization rate is the percentage of all private nonfarm mass layoff initial claimants associated with layoffs lasting more than 30 days. (2) These quarterly numbers are provisional and will be revised as more data on these layoffs become available. Experience suggests that the number of extended mass layoff events is generally revised upwards by less than 10 percent and the number of initial claimants associated with such events increases by 25-40 percent. (p) = preliminary. (r) = revised. |
Last Modified Date: May 13, 2013