October 12, 1999 (The Editor’s Desk is updated each business day.)
Incidence of displaced workers becoming reemployed in the same industry
By February 1998,
48 percent of the reemployed workers who were displaced from their jobs
in 1995-96 were working in the same industry as before.
[Chart data—TXT]
Proportions of workers that found jobs within the same broad industry
varied considerably. For example, slightly over two-thirds of all services
workers were reemployed in that industry while 17 percent of wholesale
trade employees obtained new jobs in the wholesale industry.
A large share of displaced workers who changed industries took
jobs in services. The percentage of displaced workers who shifted to the
services industry was highest for those displaced in retail trade (27
percent), transportation and public utilities (32 percent), and finance,
insurance, and real estate (33 percent). This entrance of numerous
displaced workers into the services industry is attributed to the rapid
expansion of the industry over the 1995-96 period.
Statistics here are for "long-tenured workers"—those who
had been in their jobs for 3 years or longer. Displaced workers lose their
jobs because their plants or companies close down or move, their positions
or shifts are abolished, or their employers do not have enough work for
them to do.
These data are from a February 1998 supplement to the Current
Population Survey. Note that the
percentages in the chart are for displaced workers employed at the time of
the survey. Find more information on displacement in "Worker
displacement in the mid-1990s," by Steven Hipple, Monthly Labor
Review, July 1999.
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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