Extended mass layoffs down in second quarter of 2004
November 18, 2004
In the second quarter of 2004, 1,233 mass layoff actions were taken by employers in the private nonfarm sector that resulted in the separation of 233,852 workers from their jobs for at least 31 days.
Both the total number of layoff events and the number of separations were sharply lower than in April-June 2003 and were the lowest for a second quarter since 2000.
The decline over the year was most notable in transportation equipment manufacturing, administrative and support services, air transportation, and general merchandise stores. Extended mass layoffs occurred in 348 of the 1,197 detailed industries for which data are available for the second quarter 2004. This is the fewest industries to have at least one extended mass layoff in the second quarter since 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. Data for the second quarter of 2004 are preliminary and subject to revision. Additional information is available in "Extended Mass Layoffs in the Second Quarter of 2004" (PDF) (TXT), news release USDL 04-1679.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Extended mass layoffs down in second quarter of 2004 on the Internet at https://www.bls.gov/opub/ted/2004/aug/wk4/art05.htm (visited October 29, 2020).
Recent editions of Spotlight on Statistics
- Gulf War Era Veterans in the Labor Force
Examines the demographic, employment, and unemployment characteristics of civilians who served in the U.S. military during Gulf War era.
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.