April 24, 2008
In March, employers took 1,571 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month. Each action involved at least 50 persons from a single employer; the number of workers involved totaled 157,156, on a seasonally adjusted basis.
March layoff events and associated initial claimants were the highest for the month of March since 2003.
In March 2008, 482 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 64,088 initial claims.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Initial claims for unemployment insurance due to mass layoffs, March 2008 on the Internet at http://www.bls.gov/opub/ted/2008/apr/wk3/art04.htm (visited November 25, 2015).
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.