Tuesday, October 25, 2005
Tweet[IWS] BLS: MASS LAYOFFS IN SEPTEMBER 2005 [25 October 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 SEPTEMBER 2005 [25 October 2005]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 11 pages]
Mass layoff data for September 2005 reflect the impact of Hurricane
Katrina on workers in Louisiana and Mississippi and, to a lesser extent,
the impact of Hurricane Rita on workers in Texas. In September 2005,
employers took 2,069 mass layoff actions, 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 establishment, and
the number of workers involved totaled 257,454, on a seasonally adjusted
basis. (See table 1.) The number of layoff events in September rose by
927 to 2,069, the highest number of events for any month since November
2001 and the fourth highest number of events since the program began in
April 1995. The number of associated initial claims increased by 129,988
from August to 257,544 and was at its highest total for any month since the
series high in September 2001. In the manufacturing sector, 422 mass
layoff events were reported during September 2005, seasonally adjusted,
resulting in 54,245 initial claims; both figures were higher than a month
earlier. (See table 1.)
From January through September 2005, the total number of events
(seasonally adjusted), at 11,884, was lower than in January-September
2004 (12,054), while the number of initial claims (seasonally adjusted),
at 1,309,263, was higher (1,213,262).
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 *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
MASS LAYOFFS IN SEPTEMBER 2005 [25 October 2005]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 11 pages]
Mass layoff data for September 2005 reflect the impact of Hurricane
Katrina on workers in Louisiana and Mississippi and, to a lesser extent,
the impact of Hurricane Rita on workers in Texas. In September 2005,
employers took 2,069 mass layoff actions, 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 establishment, and
the number of workers involved totaled 257,454, on a seasonally adjusted
basis. (See table 1.) The number of layoff events in September rose by
927 to 2,069, the highest number of events for any month since November
2001 and the fourth highest number of events since the program began in
April 1995. The number of associated initial claims increased by 129,988
from August to 257,544 and was at its highest total for any month since the
series high in September 2001. In the manufacturing sector, 422 mass
layoff events were reported during September 2005, seasonally adjusted,
resulting in 54,245 initial claims; both figures were higher than a month
earlier. (See table 1.)
From January through September 2005, the total number of events
(seasonally adjusted), at 11,884, was lower than in January-September
2004 (12,054), while the number of initial claims (seasonally adjusted),
at 1,309,263, was higher (1,213,262).
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
****************************************
# posted by SBasefsky : 11:54 AM
