Thursday, December 21, 2006
Tweet[IWS] BLS: MASS LAYOFFS IN NOVEMBER 2006 [21 December 2006]
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 NOVEMBER 2006 [21 December 2006]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 10 pages]
In November, employers took 1,208 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 136,415,
on a seasonally adjusted basis. The number of mass layoff events increased
by 37 from the prior month, and the number of associated initial claims in-
creased by 22,691. During November, 415 mass layoff events were reported
in the manufacturing sector, seasonally adjusted, resulting in 60,827 ini-
tial claims. Both the number of events and the number of initial claims
in manufacturing were higher in November than a month earlier. (See
table 1.)
The national unemployment rate was 4.5 percent in November, seasonally
adjusted, essentially unchanged from 4.4 percent the prior month and down
from 5.0 percent a year earlier. Total nonfarm payroll employment, sea-
sonally adjusted, increased by 132,000 over the month and by about 1.8
million over the year.
Industry Distribution (Not Seasonally Adjusted)
The 10 industries reporting the highest numbers of mass layoff initial
claims, not seasonally adjusted, accounted for 30 percent of the total
initial claims in November. The industry with the highest number of
initial claims was highway, street, and bridge construction with 7,362,
followed by temporary help services with 6,511, and motion picture and
video production with 5,379. Together, these three industries accounted
for 14 percent of all initial claims due to mass layoffs during the month.
(See table A.)
The manufacturing sector accounted for 35 percent of all mass layoff
events and 43 percent of all initial claims filed in November; a year
earlier, manufacturing comprised 29 percent of events and 36 percent of
initial claims. In November 2006, the number of manufacturing claimants
was highest in transportation equipment manufacturing (13,352, mostly in
motor vehicle manufacturing), followed by food manufacturing (7,222) and
machinery manufacturing (6,563). (See table 3.)
Construction accounted for 16 percent of events and 13 percent of
initial claims in November, mostly from heavy and civil engineering
construction. Administrative and waste services comprised 12 percent
of events and 9 percent of initial claims filed over the month, with the
majority of layoffs in temporary help services and professional employer
organizations. Accommodation and food services reported 6 percent of
events and 7 percent of initial claims, mainly from food service contrac-
tors. Eight percent of all layoff events and 5 percent of initial claims
filed were from agriculture, forestry, fishing and hunting, primarily from
the farm labor contractors and crew leaders industry.
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----------------- 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 NOVEMBER 2006 [21 December 2006]
http://www.bls.gov/news.release/mmls.nr0.htm
or
http://www.bls.gov/news.release/pdf/mmls.pdf
[full-text, 10 pages]
In November, employers took 1,208 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 136,415,
on a seasonally adjusted basis. The number of mass layoff events increased
by 37 from the prior month, and the number of associated initial claims in-
creased by 22,691. During November, 415 mass layoff events were reported
in the manufacturing sector, seasonally adjusted, resulting in 60,827 ini-
tial claims. Both the number of events and the number of initial claims
in manufacturing were higher in November than a month earlier. (See
table 1.)
The national unemployment rate was 4.5 percent in November, seasonally
adjusted, essentially unchanged from 4.4 percent the prior month and down
from 5.0 percent a year earlier. Total nonfarm payroll employment, sea-
sonally adjusted, increased by 132,000 over the month and by about 1.8
million over the year.
Industry Distribution (Not Seasonally Adjusted)
The 10 industries reporting the highest numbers of mass layoff initial
claims, not seasonally adjusted, accounted for 30 percent of the total
initial claims in November. The industry with the highest number of
initial claims was highway, street, and bridge construction with 7,362,
followed by temporary help services with 6,511, and motion picture and
video production with 5,379. Together, these three industries accounted
for 14 percent of all initial claims due to mass layoffs during the month.
(See table A.)
The manufacturing sector accounted for 35 percent of all mass layoff
events and 43 percent of all initial claims filed in November; a year
earlier, manufacturing comprised 29 percent of events and 36 percent of
initial claims. In November 2006, the number of manufacturing claimants
was highest in transportation equipment manufacturing (13,352, mostly in
motor vehicle manufacturing), followed by food manufacturing (7,222) and
machinery manufacturing (6,563). (See table 3.)
Construction accounted for 16 percent of events and 13 percent of
initial claims in November, mostly from heavy and civil engineering
construction. Administrative and waste services comprised 12 percent
of events and 9 percent of initial claims filed over the month, with the
majority of layoffs in temporary help services and professional employer
organizations. Accommodation and food services reported 6 percent of
events and 7 percent of initial claims, mainly from food service contrac-
tors. Eight percent of all layoff events and 5 percent of initial claims
filed were from agriculture, forestry, fishing and hunting, primarily from
the farm labor contractors and crew leaders industry.
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 : 12:27 PM
