December 03, 2001
In October 2001, there were 1,816 mass layoff actions by employers as measured by new filings for unemployment insurance benefits during the month. Each layoff action involved at least 50 persons from a single establishment, and the number of workers involved totaled 212,695.
The number of layoff events and initial claimants for unemployment insurance were the highest for the month of October since the series began in April 1995. Over the January-October 2001 period, the total number of events, at 16,221, and initial claims, at 1,935,871, were substantially higher than in January-October 2000, at 11,364 and 1,292,335, respectively.
These data are products of the Mass Layoff Statistics program. Mass layoffs data for September and October 2001 are preliminary and subject to revision. For more information, see news release USDL 01-446, Mass Layoffs in October 2001.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Layoffs increase substantially in October on the Internet at http://www.bls.gov/opub/ted/2001/dec/wk1/art01.htm (visited October 07, 2015).
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.