August 20, 2001
Extended mass layoff events in 2000 were concentrated at the lower end of the size spectrum, with 58 percent involving fewer than 150 workers.
Although nearly 3 of every 5 layoffs involved 150 employees or fewer, they accounted for only 25 percent of all separated workers. Layoffs involving 500 or more workers, just 7 percent of all events, accounted for 34 percent of all separations.
There was an average of 208 separations per extended mass layoff event in 2000.
These data are a product of the Mass Layoff Statistics program. "Extended mass layoffs" last more than 30 days and involve 50 or more individuals from a single establishment filing initial claims for unemployment insurance during a consecutive 5-week period. Additional information is available in "Extended Mass Layoffs in 2000" (PDF, 262K), Report 951