July 24, 2008
In June, 541 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 76,514 initial claims for unemployment insurance. Each mass layoff event involved at least 50 persons from a single employer.
Both measures were at their highest monthly levels since August 2003. Over the month, mass layoff events in manufacturing increased by 13 and initial claims increased by 4,456.
In the entire economy, U.S. employers took 1,643 mass layoff actions in June, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in manufacturing, June 2008 on the Internet at http://www.bls.gov/opub/ted/2008/jul/wk3/art04.htm (visited May 06, 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.