March 24, 2008
In February 2008, employers took 1,672 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 177,374, on a seasonally adjusted basis.
The number of mass layoff events in February 2008 increased by 234 from the prior month, while the number of associated initial claims increased by 33,263.
February layoff events and associated initial claimants were the highest since September 2005 (which reflected the impact of Hurricane Katrina) and were the highest for the month of February since 2003.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs up in February on the Internet at http://www.bls.gov/opub/ted/2008/mar/wk4/art01.htm (visited October 13, 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.