Mass layoff events in August 2008
September 24, 2008
In August, employers took 1,772 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 173,955.
The number of mass layoff events this August increased by 260 from the prior month, while the number of associated initial claims rose by 22,784.
From January through August 2008, the total number of mass layoff events, at 12,542, and initial claims, at 1,274,765, were the highest for the January-August period since 2003.
In August, 599 mass layoff events were reported in the manufacturing sector, resulting in 72,244 initial claims. Over the month, mass layoff events in manufacturing increased by 156, and initial claims increased by 14,774.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoff events in August 2008 on the Internet at https://www.bls.gov/opub/ted/2008/sept/wk4/art03.htm (visited January 21, 2018).
Recent editions of Spotlight on Statistics
Industry on Tap: Breweries
A look at employment, wages, and job safety in breweries and producer prices for beer.
Differences in Parents’ Time Use between the Summer and the School Year
A look at how parents of school-age children spend their time in the summer and the school year.
Hispanics in the United States: Celebrating National Hispanic Heritage Month
A look at employment, earnings, consumer spending, time use, and workplace injuries and illnesses for the Hispanic or Latino U.S. population.
Expenditures on Admissions to the Arts, Movies, Sporting Events, and Other Entertainment
A look at consumer spending and attendance at arts, sports, and entertainment events.