Tuesday, August 31, 2004

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[IWS] BLS: MASS LAYOFFS IN JULY 2004 [31 August 2004]

IWS Documented News Service
_______________________________
Institute for Workplace Studies                 Professor Samuel B. Bacharach
School of Industrial & Labor Relations          Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor                  Stuart Basefsky
New York, NY 10016                      Director, IWS News Bureau
________________________________________________________________________

MASS LAYOFFS IN JULY 2004 [31 August 2004]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 8 pages]

   In July 2004, employers took 2,094 mass layoff actions, as measured by
new filings for unemployment insurance benefits during the month, according
to data from the U.S. Department of Labor's Bureau of Labor Statistics.
Each action involved at least 50 persons from a single establishment, and
the number of workers involved totaled 253,929.  (See table 1.)  Both the
number of events and initial claims were higher than a year ago, with the
number of mass layoff events and the number of associated initial claims
higher than any July since 2001.  However, July 2004 contained 5 weeks for
possible mass layoffs, compared with 4 weeks in each July of the prior 4
years.  From January through July 2004, the total number of events, at
10,208, and of initial claims, at 1,049,541, were lower than in January-
July 2003 (11,947 and 1,183,024, respectively).

AND MUCH MORE...including TABLES....

_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                 *
Director, IWS News Bureau               *
Institute for Workplace Studies *
Cornell/ILR School                      *
16 E. 34th Street, 4th Floor            *
New York, NY 10016                      *
                                        *
Telephone: (607) 255-2703               *
Fax: (607) 255-9641                     *
E-mail: smb6@cornell.edu                *
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