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Extended mass layoffs, third quarter 2012

November 20, 2012

In the third quarter of 2012, employers in the private nonfarm sector initiated 885 mass layoff events that resulted in the separation of 138,484 workers from their jobs for at least 31 days.

 

Manufacturing industries reported 196 extended mass layoff events and 29,350 separations in the third quarter of 2012, largely due to slack work or insufficient demand. This sector accounted for 22 percent of layoff events and 21 percent of related separations during the quarter.

 

Extended mass layoff events and total separations, private nonfarm and manufacturing, Quarter 1, 2008 to Quarter 3, 2012
Extended mass layoff events and total separations, private nonfarm and manufacturing, Quarter 1, 2008 to Quarter 3, 2012
QuarterMass layoff events (Private nonfarm)Separations (Private nonfarm)Mass layoff events (Manufacturing)Separations (Manufacturing)

Q1 2008

1,340230,09842284,318

Q2 2008

1,756354,71338265,293

Q3 2008

1,581290,45349895,423

Q4 2008

3,582641,7141,284238,950

Q1 2009

3,979705,1411,597276,772

Q2 2009

3,395651,3181,062194,215

Q3 2009

2,034345,53158498,243

Q4 2009

2,416406,21259299,035

Q1 2010

1,870314,51244160,855

Q2 2010

2,008381,62232457,728

Q3 2010

1,370222,35726539,171

Q4 2010

1,999338,64338266,428

Q1 2011

1,490225,45630545,511

Q2 2011

1,810317,54626340,023

Q3 2011

1,393235,32526245,393

Q4 2011

1,903334,38336667,370

Q1 2012

1,294246,95623333,099

Q2 2012

1,959385,66521439,415

Q3 2012(p)

885138,48419629,350

Footnotes:
(p) = preliminary.
 

 

The administrative and waste services sector had 137 mass layoff events and 22,869 separations, primarily due to contract completion, in the third quarter of 2012. The industry accounted for 15 percent of layoff events and 17 percent of separations. The construction sector reported 122 layoff events and 13,001 separations, also primarily due to contract completion.

These data are from the Mass Layoff Statistics program. Extended mass layoff data for the third quarter of 2012 are preliminary and subject to revision. For more information, see "Extended Mass Layoffs — Third Quarter 2012" (HTML) (PDF), news release USDL-12-2203. The series on extended mass layoffs cover layoffs of at least 31-days duration that involve 50 or more individuals from a single employer filing initial claims for unemployment insurance during a consecutive 5-week period.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Extended mass layoffs, third quarter 2012 at https://www.bls.gov/opub/ted/2012/ted_20121120.htm (visited October 08, 2024).

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