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Two-thirds of workers displaced from 2015 to 2017 were reemployed in January 2018
September 14, 2018
From January 2015 through December 2017, there were 3.0 million workers displaced from jobs they had held for at least 3 years. In January 2018, 66 percent of these long-tenured displaced workers were reemployed, about the same as in January 2016. Fourteen percent of displaced workers in January 2018 were unemployed (that is, actively seeking work), and 19 percent were not in the labor force. The reemployment rate in January 2018 was highest for workers displaced from jobs in health care and social assistance.
Long-tenured displaced workers by industry of lost job and employment status in January 2018
Industry and class of worker of lost job
Employed
Unemployed
Not in the labor force
Total, 20 years and older
66.4%
14.4%
19.3%
Health care and social assistance
81.2
6.7
12.1
Other services
76.0
10.9
13.1
Financial activities
68.1
15.9
16.0
Retail trade
67.9
10.2
21.9
Durable goods manufacturing
67.5
8.6
23.9
Educational services
67.5
19.1
13.4
Wholesale trade
67.4
11.7
20.9
Professional and business services
67.3
15.9
16.8
Government
66.7
9.9
23.4
Leisure and hospitality
65.9
10.3
23.8
Transportation and utilities
64.7
18.4
16.8
Construction
60.9
15.5
23.6
Nondurable goods manufacturing
59.3
23.3
17.4
Mining, quarrying, and oil and gas extraction
54.1
13.4
32.5
Information
47.3
38.9
13.8
For most major industry groups, reemployment rates in January 2018 were not statistically different from January 2016. The reemployment rate for workers displaced from the information industry, however, declined from January 2016, making them the least likely to be reemployed in January 2018 (47 percent). Reemployed workers did not necessarily work in the same industries as the one from which they were displaced.
These data are from the Current Population Survey. For more information, see “Worker Displacement: 2015–17.” Displaced workers are wage and salary workers 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.
United States Department of Labor
