Wednesday, January 26, 2005

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[IWS] BLS: MASS LAYOFFS IN DECEMBER 2004 AND ANNUAL AVERAGES FOR 2004 [26 January 2005]

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 DECEMBER 2004 AND ANNUAL AVERAGES FOR 2004 [26 January 2005]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 9 pages]


In December 2004, employers took 1,614 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 161,271.  (See table 1.)  The number of
events was the lowest for any December since 1999, and the number of initial
claims was the lowest for any December since 1995 when data became available.

   The layoff events in December bring the total for all of 2004 to 15,980
and the total number of initial claimants from such events to 1,607,158.  The
annual totals were lower than in 2003 (18,963 events and 1,888,926 initial
claims) and were the lowest annual totals for events since 2000 and for
initial claims since 1999.  Additional information on the annual data is
provided starting on page 3 of this release.

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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