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 August 08, 2020).
Recent editions of Spotlight on Statistics
- 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.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.