October 12, 2011 (The Editor’s Desk is updated each business day.)
Displaced workers by industry
During the 2007–2009 period, 23 percent (1.6 million) of all long-tenured displaced workers—individuals who lost or left jobs they had held for 3 or more years—were displaced from manufacturing jobs.
[Chart data]
Nearly one million long-tenured displaced workers had held jobs in wholesale and retail trade (14 percent of total displaced workers), and more than 900,000 displaced workers had lost or left jobs in the construction industry (accounting for 13 percent of the total).
In January 2010, among all displaced workers (regardless of how long they had held their jobs) workers displaced from jobs in mining and in education and health services were the most likely to be reemployed; their reemployment rates were 61 percent and 58 percent, respectively. Workers displaced from jobs in education and health services were the most likely to be reemployed in the same industry as the job they lost, while most reemployed workers who had been displaced from mining jobs found jobs in other industries.
[Chart data]
Among all displaced workers, those who had held jobs in the information and manufacturing industries were the least likely to be reemployed, with reemployment rates of 43 and 42 percent, respectively. These workers were least likely to find employment in the industry from which they had been displaced; only 9 percent of workers displaced from information sector jobs and 14 percent of workers displaced from manufacturing jobs found reemployment in those sectors.
These data are from the Current Population Survey program. To learn more, see "Characteristics of displaced workers 2007–2009: a visual essay" (PDF), by James M. Borbely in the September 2011 issue of the Monthly Labor Review.
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