Friday, September 13, 2013

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[IWS] BLS: EXTENDED MASS LAYOFFS IN 2012 [13 September 2013]--DISCONTINUED GOING FORWARD

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

________________________________________________________________________

 

BLS Report 1043

 

EXTENDED MASS LAYOFFS IN 2012 [13 September 2013]

http://www.bls.gov/mls/mlsreport1043.pdf

[full-text, 25 pages]

 

The U.S. Bureau of Labor Statistics (BLS) conducts

the Mass Layoff Statistics (MLS) program to

provide information on large-scale layoff events

and the characteristics of the dislocated workers. This

report summarizes data on extended mass layoffs for 2012.

The MLS program defines an extended mass layoff event

as the filing of 50 or more initial claims for unemployment

insurance benefits against an employer during a 5-week

period, with at least 50 workers separated for more than 30

days. Since 2004, the scope of the layoff data series was

redefined to include only the private nonfarm economy.

(See the technical notes section for additional information

on the concepts and definitions used in this report.)

 

 

Mass Layoffs Data Discontinued

On March 1, 2013, President Obama ordered into effect the across-the-board spending cuts (commonly referred to

as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order,

the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million (5 percent of the current 2013 appropriation), by September 30, 2013. To help achieve these savings and to protect core programs, BLS eliminated two programs, including Mass Layoff Statistics, and all “measuring green jobs” products.

 

 

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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.

 




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