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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

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WORKER DISPLACEMENT:  2011-2013 [26 August 2014]

http://www.bls.gov/news.release/disp.nr0.htm

or

http://www.bls.gov/news.release/pdf/disp.pdf

[full-text, 13 pages]

 

From January 2011 through December 2013, 4.3 million workers were displaced

from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statistics

reported today. This was down from 6.1 million workers for the prior survey period

covering January 2009 to December 2011. In January 2014, 61 percent of workers

displaced from 2011 to 2013 were reemployed, up by 5 percentage points from the

prior survey in January 2012.

 

Since 1984, the Employment and Training Administration of the U.S. Department

of Labor has sponsored surveys that collect information on workers who were

displaced from their jobs. These surveys have been conducted biennially as

supplements to the Current Population Survey (CPS), a monthly survey of

households that is the primary source of information on the nation's labor

force.

 

Displaced workers are defined as persons 20 years of age and older who lost or

left jobs because their plant or company closed or moved, there was insufficient

work for them to do, or their position or shift was abolished. The period covered

in this study was 2011-13, the 3 calendar years prior to the January 2014 survey

date. Most of this period was characterized by employment growth. The following

analysis focuses primarily on the 4.3 million persons who had worked for their

employer for 3 or more years at the time of displacement (referred to as long-

tenured). An additional 5.2 million persons were displaced from jobs they had

held for less than 3 years (referred to as short-tenured). Combining the short-

and long-tenured groups, the number of displaced workers totaled 9.5 million from

2011 to 2013. In the prior survey, which was conducted in January 2012 and covered

2009-11, this group numbered 12.9 million.

 

Highlights from the January 2014 survey include:

 

   --In January 2014, 61 percent of the 4.3 million long-tenured displaced

     workers were reemployed, up from 56 percent in January 2012 and 49 percent

     in January 2010. (See table 1.)

 

   --Thirty-five percent of long-tenured displaced workers from the 2011-13

     period cited that they lost their job because their plant or company closed

     down or moved; an additional 33 percent cited insufficient work, and 32

     percent said their position or shift was abolished. (See table 2.)

 

   --Eighteen percent of long-tenured displaced workers lost a job in manufacturing.

     (See table 4.)

 

   --Among long-tenured workers who were displaced from full-time wage and salary

     jobs and were reemployed in such jobs in January 2014, 52 percent had earnings

     that were as much or greater than those of their lost job, up from 46 percent

     in the prior survey. (See table 7.)

 

AND MUCH MORE...including TABLES....

 

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