Layoffs in October 2007
November 23, 2007
In October, employers took 1,320 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 employer; the number of workers involved totaled 131,780, on a seasonally adjusted basis. The number of mass layoff events in October increased by 49 from the prior month, and the number of associated initial claims rose by 8,124.
Over the month, 424 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 56,293 initial claims. Compared with September, mass layoff activity in manufacturing decreased by 4 events, while initial claims increased by 5,657.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Layoffs in October 2007 on the Internet at https://www.bls.gov/opub/ted/2007/nov/wk3/art04.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.