Two-thirds of workers displaced from 2013 to 2015 were reemployed in January 2016

August 31, 2016

From January 2013 through December 2015, there were 3.2 million workers displaced from jobs they had held for at least 3 years. In January 2016, 66 percent of these long-tenured displaced workers were reemployed, up from 61 percent in January 2014 and 56 percent in January 2012. Sixteen percent of displaced workers in January 2016 were unemployed (that is, actively seeking work), and 19 percent were not in the labor force. The reemployment rate in January 2016 was lowest for workers displaced from mining jobs.

 

 

Percent of long-tenured workers displaced from a job in 2013–15, by industry of lost job and employment status in January 2016
Industry Employed Unemployed Not in the labor force

Information

74.7 11.7 13.6

Construction

71.9 15.7 12.4

Health care and social assistance

71.4 19.2 9.4

Wholesale trade

69.7 13.3 17.0

Professional and business services

68.9 11.0 20.2

Finance and insurance

66.7 20.4 12.8

Leisure and hospitality

66.2 21.1 12.7

Educational services

64.7 8.8 26.5

Manufacturing

63.2 15.0 21.7

Transportation and utilities

62.5 8.6 28.8

Retail trade

62.0 14.7 23.2

Real estate and rental and leasing

60.1 21.3 18.6

Other services

59.5 20.3 20.2

Government

56.5 18.9 24.6

Mining, quarrying, and oil and gas extraction

41.2 33.4 25.4

Except for mining, reemployment rates were not statistically different for other major industries in January 2016. The reemployment rate for workers displaced from health care and social assistance was 71 percent, and the rate for those displaced from professional and business services was 69 percent. (Workers were not necessarily reemployed in the same industries from which they were displaced.)

These data are from the Current Population Survey. For more information, see “Worker Displacement: 2013–15” (HTML) (PDF). Displaced workers are people age 20 years or 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.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Two-thirds of workers displaced from 2013 to 2015 were reemployed in January 2016 on the Internet at https://www.bls.gov/opub/ted/2016/two-thirds-of-workers-displaced-from-2013-to-2015-were-reemployed-in-january-2016.htm (visited December 15, 2017).

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