Fewer layoffs in 2003
February 02, 2004
During 2003, there were 18,963 mass layoff events, resulting in 1,888,926 initial claims for unemployment insurance. In 2002, there were 20,277 events and 2,245,051 claims.
For the second consecutive year, over-the-year decreases in mass-layoff initial claims occurred in each of the four broad regions. The largest decreases in initial claims were in the West (-151,121) and South (-110,520).
California reported the largest over-the-year decrease in initial claims (-108,537), followed by Texas (-36,208), and South Carolina (-30,005). The largest over-the-year increases occurred in New York (+8,005) and Georgia (+7,121).
These data are from the Mass Layoff Statistics program. Mass layoffs data for 2003 are preliminary and subject to revision. See the full release, "Mass Layoffs in December 2003 and Annual Averages for 2003" (PDF) (TXT) (USDL 04-70), for more information.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Fewer layoffs in 2003 on the Internet at https://www.bls.gov/opub/ted/2004/feb/wk1/art01.htm (visited April 30, 2017).
Recent editions of Spotlight on Statistics
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.