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Mass layoffs in November 2012

December 28, 2012

Employers took 1,759 mass layoff actions in November involving 173,558 workers as measured by new filings for unemployment insurance benefits during the month. Mass layoff events increased by 399 from October, and the number of associated initial claims increased by 42,385. Mass layoff data for November reflect the impact of Hurricane Sandy on workers in New Jersey, New York, and Pennsylvania.

Mass layoff events, seasonally adjusted, November 2009–November 2012
MonthMass layoff events

Nov 2009

1,757

Dec 2009

1,719

Jan 2010

1,707

Feb 2010

1,631

Mar 2010

1,676

Apr 2010

1,637

May 2010

1,608

Jun 2010

1,695

Jul 2010

1,519

Aug 2010

1,588

Sep 2010

1,510

Oct 2010

1,654

Nov 2010

1,592

Dec 2010

1,477

Jan 2011

1,536

Feb 2011

1,434

Mar 2011

1,275

Apr 2011

1,548

May 2011

1,600

Jun 2011

1,513

Jul 2011

1,562

Aug 2011

1,551

Sep 2011

1,447

Oct 2011

1,335

Nov 2011

1,332

Dec 2011

1,384

Jan 2012

1,434

Feb 2012

1,293

Mar 2012

1,273

Apr 2012

1,388

May 2012

1,380

Jun 2012

1,317

Jul 2012

1,340

Aug 2012

1,267

Sep 2012

1,316

Oct 2012

1,360

Nov 2012

1,759

In November, the manufacturing sector accounted for 25 percent of mass layoff events and 30 percent of associated initial claims in the private economy. Within manufacturing, the numbers of mass layoff claimants were highest in food and in machinery. Fifteen of the 21 manufacturing subsectors experienced over-the-year increases in average weekly initial claims.

These data are from the Mass Layoff Statistics program. To learn more, see "Mass Layoffs — November 2012" (HTML) (PDF), news release USDL-12-2461. Each mass layoff event involves at least 50 persons from a single employer.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in November 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20121228.htm (visited December 20, 2014).

OF INTEREST

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