December 26, 2002
Employers initiated 2,150 mass layoff actions in November 2002, as measured by new filings for unemployment insurance benefits during the month. Each action involved at least 50 persons from a single establishment, and the number of workers involved totaled 240,028.
In November 2001, there were 2,721 mass layoff events involving 295,956 workers. In January through November 2002, both the total number of events, 17,799, and initial claims, 1,980,856, were lower than in January-November 2001 (19,027 and 2,245,969, respectively).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs down in November from a year ago on the Internet at http://www.bls.gov/opub/ted/2002/dec/wk4/art03.htm (visited February 13, 2016).
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.