Friday, September 13, 2013Tweet
[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
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]
[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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