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Mass layoffs in January 2012

February 24, 2012

Employers took 1,434 mass layoff actions in January involving 129,920 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month.

Mass layoff events and initial claimants for unemployment insurance, January 2009–January 2012, seasonally adjusted
[Chart data]

Mass layoff events in January 2012 increased by 50 from December 2011, while the number of associated initial claims decreased by 15,728.

In January, 341 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 33,597 initial claims.

These data are from the Mass Layoff Statistics program. For more information, see "Mass Layoffs — January 2012" (HTML) (PDF), news release USDL-12-0330. Each mass layoff involved at least 50 workers from a single employer.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mass layoffs in January 2012 at https://www.bls.gov/opub/ted/2012/ted_20120224.htm (visited December 08, 2024).

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