Mass layoffs in January
February 27, 2006
In January 2006, employers took 1,113 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 108,378. The number of layoff events fell by 195 from December 2005, and was the lowest for any month since October 2000.
The number of initial claims due to mass layoff actions declined by 41,187 over the month. In the manufacturing sector, 274 mass layoff events were reported during January 2006, resulting in 29,541 claims. Both figures were the lowest ever recorded in the program.
These data are from the Mass Layoff Statistics program. Mass layoffs data for December 2005 and January 2006 are preliminary and subject to revision. To learn more, see "Mass Layoffs in January 2006" (PDF) (TXT), news release USDL 06-319.
SUGGESTED CITATION
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in January on the Internet at https://www.bls.gov/opub/ted/2006/feb/wk3/art04.htm (visited December 05, 2019).
OF INTEREST

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.
