Table 8. Reason for layoff: Extended mass layoff events and separations associated with the movement of work, selected quarters, 2007 and 2008
Table 8. Reason for layoff: Extended mass layoff events and separations associated with the movement of work,
selected quarters, 2007 and 2008
Layoff events Separations
Reason for layoff IV III IV IV III IV
2007 2008r 2008p 2007 2008r 2008p
Total, private nonfarm (1) .... 69 84 110 11,302 14,938 24,236
Business demand .................. (2) (2) 33 (2) (2) 10,710
Contract cancellation .......... (2) (2) (2) (2) (2) (2)
Contract completion ............ (2) - (2) (2) - (2)
Domestic competition ........... - - (2) - - (2)
Excess inventory/saturated
market ....................... - - - - - -
Import competition ............. 7 (2) 9 1,167 (2) 1,417
Slack work/insufficient demand/
non-seasonal business slowdown 7 12 20 950 3,130 4,032
Organizational changes ........... 30 47 48 5,110 8,445 8,706
Business-ownership change ...... 5 6 9 1,326 1,628 1,498
Reorganization or restructuring
of company ................... 25 41 39 3,784 6,817 7,208
Financial issues ................. 21 19 25 3,600 2,669 4,038
Bankruptcy ..................... - - (2) - - (2)
Cost control/cost cutting/
increase profitability ....... (2) (2) 22 (2) (2) 2,852
Financial difficulty ........... (2) (2) (2) (2) (2) (2)
Production specific .............. - - (2) - - (2)
Automation/technological
advances ..................... - - - - - -
Energy related ................. - - - - - -
Governmental regulations/
intervention ................. - - (2) - - (2)
Labor dispute/contract
negotiations/strike .......... - - - - - -
Material or supply shortage .... - - - - - -
Model changeover ............... - - (2) - - (2)
Plant or machine repair/
maintenance .................. - - - - - -
Product line discontinued ...... - - - - - -
Disaster/safety .................. - - (2) - - (2)
Hazardous work environment ..... - - - - - -
Natural disaster (not weather
related) ..................... - - - - - -
Non-natural disaster ........... - - - - - -
Extreme weather-related event .. - - (2) - - (2)
Other/miscellaneous .............. (2) (2) - (2) (2) -
Other .......................... (2) (2) - (2) (2) -
Data not provided: refusal ..... - - - - - -
Data not provided: does not
know ......................... - - - - - -
1 See footnote 1, table 1.
2 Data do not meet BLS or state agency disclosure standards.
r = revised.
p = preliminary.
NOTE: Dash represents zero.
Table of Contents
Last Modified Date: February 13, 2009
