Layoffs fall in February 2005
March 25, 2005
In February 2005, employers took 1,128 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month. Each action involved at least 50 persons from a single establishment, and the number of workers involved totaled 117,684, seasonally adjusted.
The number of layoff events fell by 329 from January 2005 and was the lowest for any month since October 2000.
The number of initial claims due to mass layoff actions declined by 33,306 over the month and was the lowest for any month since May 2004.
These data are from the Mass Layoff Statistics program. Mass layoffs data for January and February 2005 are preliminary and subject to revision. To learn more, see "Mass Layoffs in February 2005" (PDF) (TXT), news release USDL 05-486.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Layoffs fall in February 2005 on the Internet at https://www.bls.gov/opub/ted/2005/mar/wk3/art05.htm (visited January 21, 2020).
Recent editions of Spotlight on Statistics
- A look at employment and wages in U.S. establishments with foreign ownership
Examines employment and wages in U.S. establishments that have at least one foreign owner with at least 10 percent ownership.
- 25 years of Worker Injury, Illness, and Fatality Case Data
Examines detailed historical data on work-related injuries, illnesses, and fatal injuries.
- Occupational employment projections through the perspective of education and training
Examines employment, projected employment growth, and wages for occupations with different education and training requirements.
- Workers in Alternative Employment Arrangements
A look at independent contractors, on-call workers, temporary help agency workers, and workers provided by contract firms.