August 24, 2012 (The Editor’s Desk is updated each business day.)
Mass layoffs in July 2012
There were 1,340 mass layoff events in July involving 137,420 workers, seasonally adjusted. A mass layoff is an event in which at least 50 workers are laid off from a single employer, as measured by new filings for unemployment insurance benefits during the month. Mass layoff events in July increased by 23 from June, and the number of associated initial claims increased by 6,014.
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In July, the manufacturing sector accounted for 40 percent of mass layoff events. Within manufacturing, the number of mass layoff events was highest in the transportation equipment subsector.
[Chart data]
These data are from the BLS Mass Layoff Statistics program. To learn more, see "Mass Layoffs — July 2012" (HTML) (PDF), news release USDL-12-1718.
Related TED articles
Labor force |
Manufacturing |
Unemployment
For citation purposes, this TED article is archived at
www.bls.gov/opub/ted/2012/ted_20120824.htm
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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