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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.
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.
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 at https://www.bls.gov/opub/ted/2016/two-thirds-of-workers-displaced-from-2013-to-2015-were-reemployed-in-january-2016.htm (visited October 31, 2024).