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