Employers took 2,763 mass layoff actions in June that resulted in the separation of 279,231 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Each action involved at least 50 persons from a single employer. The number of mass layoff events decreased by 170 and associated initial claims decreased by 33,649. Both measures had been at record high levels in May. Over the year, the number of mass layoff events increased by 1,046, and associated initial claims increased by 104,483. In June, 1,235 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 159,310 initial claims. Over the year, the number of manufacturing events increased by 680, and associated initial claims increased by 79,566.
The manufacturing sector accounted for 27 percent of all mass lay-off events and 33 percent of initial claims filed in June 2009; a year earlier, manufacturing made up 19 percent of events and 25 percent of initial claims. This June, the number of manufacturing claimants was greatest in transportation equipment (24,865) and machinery (14,644). The transportation and warehousing sector accounted for 7 percent of mass layoff events and 9 percent of the associated initial claims during the month.
Of the 10 detailed industries with the largest number of mass layoff initial claims, 4 reached a series high for June: construction machinery manufacturing; aircraft manufacturing; professional employer organizations; and elementary and secondary schools. The industry with the largest number of initial claims was elementary and secondary schools (28,751), which includes both publicly- and privately-owned entities.
For the full report from BLS with data tables click here.
Gregg D. Killoren
victoria1014
