2:33 a.m.
Saturday, 20 January 2018

Mass layoff actions in November involving 173,558 workers

Calexico, California.- Employers took 1,759 mass layoff actions in November involving 173,558 workers as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported today. (Data are seasonally adjusted.)

Each mass layoff involved at least 50 workers from a single employer. Mass layoff events increased by 399 from October, and the number of associated initial claims increased by 42,385.

Mass layoff data for November reflect the impact of Hurricane Sandy on workers in New Jersey, New York, and Pennsylvania. In November, 413 mass layoff events were reported in the manufacturing sector resulting in 49,169 initial claims. Monthly mass layoff data are identified using administrative data sources without regard to layoff duration.

The number of mass layoff events in November was 2,339, not seasonally adjusted, resulting in 249,949 initial claims for unemployment insurance. (See table 2.) Over the year, the number of average weekly mass layoff events for November increased by 120 to 468, and associated average weekly initial claims increased by 18,052 to 49,990. Sixteen of the 19 major industry sectors in the private economy reported over-the-year increases in average weekly initial claims, with the largest increase occurring in manufacturing.

Five of the 19 sectors reached a November program high in terms of both average weekly layoff events and initial claims: mining; transportation and warehousing; educational services; health care and social assistance; and accommodation and food services. The six-digit industry with the largest number of private nonfarm initial claims due to mass layoffs was highway, street, and bridge construction.

In November, the manufacturing sector accounted for 25 percent of mass layoff events and 30 percent of associated initial claims in the private economy. Within manufacturing, the numbers of mass layoff claimants were highest in food and in machinery. Fifteen of the 21 manufacturing subsectors experienced over-the-year increases in average weekly initial claims.


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