May 25, 2004 (The Editor’s Desk is updated each business day.)
Fewer information technology layoffs in first quarter
Information technology-producing industries accounted for 6 percent of extended mass layoff events and 10,556 worker separations in the first quarter, down from 11 percent of layoff events and 28,582 separations a year earlier.
![Extended mass layoff events, information-technology producing industries, first quarters, 1996-2004](https://webarchive.library.unt.edu/web/20120924202846im_/http://www.bls.gov/opub/ted/images/2004/may/wk4/art02.gif) [Chart data—TXT]
This was the lowest number of separations in the industry grouping since the first quarter of 2000.
Layoffs in the information technology-producing industries were most numerous in communications services and computer hardware.
These data are products of the Mass Layoff Statistics program. The information technology-producing industries are communication equipment, communications services, computer hardware, and software and computer services. "Extended mass layoffs" last more than 30 days and involve 50 or more individuals from a single establishment filing initial claims for unemployment insurance during a consecutive 5-week period. For more information, see
"Extended Mass Layoffs in the First Quarter of 2004" (PDF)
(TXT),
news release USDL 04-895.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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