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During the 2011–2013 period, 765,000 workers were displaced from manufacturing jobs they had held for at least 3 years. Of those displaced, 59 percent were reemployed in January 2014, although not necessarily in the same industry.
Industry | Employed | Unemployed | Not in the labor force |
---|---|---|---|
Total, 20 years and over |
61.3 | 20.8 | 17.9 |
Construction |
68.4 | 16.3 | 15.3 |
Manufacturing |
59.3 | 22.5 | 18.2 |
Wholesale and retail trade |
57.6 | 22.8 | 19.7 |
Transportation and utilities |
69.4 | 19.9 | 10.7 |
Information |
66.6 | 19.7 | 13.7 |
Financial activities |
61.0 | 18.7 | 20.2 |
Professional and business services |
60.0 | 19.9 | 20.1 |
Education and health services |
59.9 | 24.7 | 15.4 |
Leisure and hospitality |
69.4 | 17.5 | 13.2 |
Other services |
57.7 | 19.6 | 22.7 |
January 2014 reemployment rates in transportation and utilities (69 percent), leisure and hospitality (69 percent), construction (68 percent), and information (67 percent) were higher than the overall reemployment rate for displaced workers (61 percent). Workers displaced from wholesale and retail trade and from other services were the least likely to be reemployed (58 percent each).
Overall, 21 percent of workers displaced from their jobs during the 2011–2013 period were unemployed in January 2014. Workers displaced from jobs in the education and health services industry were most likely to be unemployed (25 percent) in January 2014. In contrast, 16 percent of workers displaced from jobs in the construction industry were unemployed at the time of the survey.
These data are from the Current Population Survey. For more information, see "Worker Displacement: 2011–2013" (HTML) (PDF), news release USDL‑14‑1605. Displaced workers are defined as people 20 years of age and older who lost or left jobs because their plant or company closed or moved, there was insufficient work for them to do, or their position or shift was abolished. This analysis focuses on workers who lost or left jobs they had held for 3 or more years, referred to as long-tenured workers. Workers were not necessarily reemployed in the same industries from which they were displaced.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Reemployment following worker displacement in 2011–2013 by industry at https://www.bls.gov/opub/ted/2014/ted_20140903.htm (visited December 06, 2024).