Mass Layoff Events up Jan. 2010
March 03, 2010
Mass Layoff Events up in January
2010From the Editors Desk. Bureau of Labor Statistics. Employers took 1,761 mass layoff actions in January that resulted in the separation of 182,261 workers, seasonally adjusted, as measured by new filing for unemployment insurance benefits during the month. [Chart data] Both mass layoff events and initial claims increased from the prior month after four consecutive over-the-month decreases. During the 26 months from December 2007 through January 2010,the total number of mass layoff events (seasonally adjusted) was 53,739,and the associated number of initial claims was 5,425,101. http://www.bls.gov/opub/ted/2010/ted_20100303.htmEconomic News Release Economic News Release-Mass LayoffsUSDL-10-0229 (monthly report) MASS LAYOFFS -- JANUARY 2010
Employers took 1,761 mass layoff actions in January
that resulted in the separation of 182,261 workers,
seasonally adjusted, as measured by new filings for
unemployment insurance benefits during the month,
the U.S. Bureau of Labor Statistics reported today.
Each action involved at least 50 persons from a
single employer. Both mass layoff events and initial
claims increased from the prior month after four
consecutive over-the-month decreases. In January,
486 mass layoff events were reported in the manufacturing
sector, seasonally adjusted,resulting in 62,556 initial claims.
Both figures increased over the month--thefirst increases
since August 2009 for events and since September 2009
for initial claims. (See table 1.)
During the 26 months from December 2007 through January 2010,
the total number of mass layoff events (seasonally adjusted) was
53,739, and the associated number of initial claims
(December 2007 was the start of a recession as designated by the
National Bureau of Economic Research.)
The national unemployment rate was 9.7 percent in January 2010,
seasonally adjusted, down from 10.0 percent the prior month but
up from 7.7 percent a year earlier. In January, nonfarm payroll
employment decreased by 20,000 over the month and by 4,022,000
from a year earlier.Industry Distribution (Not Seasonally Adjusted)
The number of mass layoff events in January was 2,860 on a not
seasonally adjusted basis; the number of associated initial claims
was 278,679. Over the year, the number of mass layoff events
decreased by 946, and associated initial claims decreased
by 110,134. (See table 2.)
Sixteen of the 19 major industry sectors in the private economy
reported over-the-year decreases in initial claimants, led by
manufacturing (-67,911). (See table 3.) Management of companies
and educational services reported January program highs in terms
of average weekly initial claimants while utilities reached a
January program low. (Average weekly analysis mitigates the effect
of differing lengths of months. See the Technical Note.)
The manufacturing sector accounted for 34 percent of all mass
layoff events and 38 percent of initial claims filed in
January 2010. A year earlier, manufacturing made up
38 percent of events and 44 percent of initial claims.
Within manufacturing, the number of claimants in January
was greatest in transportation equipment, followed by food,
fabricated metal products, and machinery.
Eighteen of the 21 manufacturing subsectors experienced
over-the-year decreases in initial claims, led by
transportation equipment (-34,023). (See table 3.)
The six-digit industry with the largest number of initial
claims in January 2010 was temporary help services.
Of the 10 detailed industries with the largest number of
mass layoff initial claims,school and employee bus
transportation, discount department stores, and
nonresidential electrical contractors reached program
highs forthe month of January.
(See table A.)
Table A. Industries with the largest number of mass layoff
initial claims in January 2010, not seasonally adjusted
Industry Initial Initial
claims Year claims
Temporary help services (1) .. 16,575 1998 26,224
School and employee bus
transportation ......... 15,131 2010 15,131
Discount department stores . 8,065 2010 8,065
Motion picture and video
production ............ 7,966 1998 12,038
organizations (1) ........ 6,462 2009 11,345
Highway, street, and bridge
construction ....... 5,094 2000 9,680
Hotels and motels, except casino
hotels ........ 4,248 2009 6,592
Automobile manufacturing ...... 4,173 2001 21,093
Supermarkets and other
grocery stores .......... 3,371 2009 3,978
contractors .......... 3,299 2010 3,299
1 See the Technical Note for more information on these industries.
Geographic Distribution (Not Seasonally Adjusted)
All regions and all divisions experienced over-the-year decreases
in initial claims due to mass layoffs in January. Among the 4 census
regions, the South (-41,525) and Midwest (-31,010) registered the
largest over-the-year decreases in initial claims. Of the 9
geographic divisions, the East North Central(-30,146) and the
South Atlantic (-21,046) had the largest over-the-year decreases
of initial claims.
(See table 5.)
California recorded the highest number of initial claims in January,
followed by New York and Pennsylvania. Forty states experienced
over-the-year decreases in initial claims, led by Ohio (-13,850),
Pennsylvania (-13,226), and Michigan (-10,418). (See table 6.)
In 2010, three states reached January program highs for average
weekly initial claims: North Dakota, Rhode Island, and Wisconsin.
The monthly data series in this release cover mass layoffs of 50or more workers beginning in a given month, regardless of the
duration of the layoffs.For private nonfarm establishments,
information on the length of the layoff is obtained later and
issued in a quarterly release that reports on mass layoffs
lasting more than 30 days (referred to as "extended mass layoffs").
The quarterly release provides more information on the industry
classification and location of the establishment and on the
demographics of the laid-off workers.
Because monthly figures include short-term layoffs of
30 days or less, the sum of the figures for the 3 months in
quarter will be higher than the quarterly figure for mass
layoffs of more than 30 days.
(See table 4.)
See the Technical Note for more detailed definitions.
The Mass Layoffs in February 2010 news release is scheduled to be
Tuesday, March 23, 2010, at 10:00 a.m. (EDT).Technical information: (202) 691-6392 * email@example.com * www.bls.gov/mls Media contact: (202) 691-5902 * PressOffice@bls.gov
Posted on 2010/03/04, in From The Editors, The World Today and tagged Economic News, jobs, Labor Department, Mass Layoffs, recession, Unemployment Claims, unemployment insurance claims, USA. Bookmark the permalink. 6 Comments.