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Table 2. Reason for layoff: Extended mass layoff events, separations, and initial claimants for unemployment insurance, private nonfarm sector, selected quarters, 2012 and 2013 Initial claimants for Layoff events Separations unemployment insurance Reason for layoff I IV I I IV I I IV I 2012 2012r 2013p 2012 2012r 2013p 2012 2012r 2013p Total, private nonfarm (1) ..... 1,294 2,123 914 246,956 424,492 154,374 291,174 432,792 133,294 Business demand ................... 519 704 361 107,736 145,269 64,307 152,217 175,403 62,800 Contract cancellation ........... 20 24 (2) 4,694 6,309 (2) 3,891 3,279 (2) Contract completion ............. 359 500 235 83,506 115,802 48,394 124,771 146,598 48,196 Domestic competition ............ (2) (2) - (2) (2) - (2) (2) - Excess inventory/saturated market ........................ (2) 6 (2) (2) 1,002 (2) (2) 932 (2) Import competition .............. - (2) (2) - (2) (2) - (2) (2) Slack work/insufficient demand/ non-seasonal business slowdown. 135 169 108 17,797 20,713 13,620 19,533 23,477 12,797 Organizational changes ............ 75 69 49 15,277 24,614 8,435 13,857 11,963 5,825 Business-ownership change ....... 15 23 9 3,844 13,922 2,149 1,623 3,111 1,045 Reorganization or restructuring of company .................... 60 46 40 11,433 10,692 6,286 12,234 8,852 4,780 Financial issues .................. 115 117 59 22,056 31,173 10,324 17,915 25,940 6,557 Bankruptcy ...................... 16 44 7 2,557 19,152 1,201 1,514 14,182 679 Cost control/cost cutting/ increase profitability ........ 53 40 28 10,230 6,530 5,634 9,832 7,586 3,602 Financial difficulty ............ 46 33 24 9,269 5,491 3,489 6,569 4,172 2,276 Production specific ............... 16 20 12 2,469 3,960 2,660 2,785 3,744 2,129 Automation/technological advances ...................... 3 3 (2) 626 427 (2) 911 359 (2) Energy related .................. - - - - - - - - - Governmental regulations/ intervention .................. 3 5 5 528 1,020 1,686 479 768 1,266 Labor dispute/contract negotiations/strike ........... (2) 3 (2) (2) 675 (2) (2) 330 (2) Material or supply shortage ..... (2) (2) (2) (2) (2) (2) (2) (2) (2) Model changeover ................ (2) (2) - (2) (2) - (2) (2) - Plant or machine repair/ maintenance ................... 3 (2) (2) 265 (2) (2) 447 (2) (2) Product line discontinued ....... (2) 4 (2) (2) 860 (2) (2) 869 (2) Disaster/safety ................... 4 36 3 676 6,181 600 715 7,897 359 Hazardous work environment ...... (2) (2) (2) (2) (2) (2) (2) (2) (2) Natural disaster (not weather related) ...................... - - - - - - - - - Non-natural disaster ............ - (2) - - (2) - - (2) - Extreme weather-related event ... (2) 32 (2) (2) 5,555 (2) (2) 7,486 (2) Seasonal .......................... 325 851 253 54,324 150,186 42,388 60,130 145,243 31,670 Seasonal ........................ (2) 823 246 (2) 145,306 41,461 (2) 140,394 30,895 Vacation period-school related or otherwise .................. (2) 28 7 (2) 4,880 927 (2) 4,849 775 Other/miscellaneous ............... 240 326 177 44,418 63,109 25,660 43,555 62,602 23,954 Other ........................... 24 20 14 4,905 2,815 3,447 4,564 2,329 1,777 Data not provided: refusal ...... 70 83 51 13,369 19,679 7,945 13,369 19,679 7,945 Data not provided: does not know .......................... 146 223 112 26,144 40,615 14,268 25,622 40,594 14,232 1 See footnote 1, table 1. 2 Data do not meet BLS or state agency disclosure standards. r = revised. p = preliminary. NOTE: Dash represents zero.