Skip to: Content
Skip to: Site Navigation
Skip to: Search


Paper Economy

Mass layoffs continue to decline

The number of mass layoffs – events where at least 50 unemployment claims come from a single employer – has fallen since early 2009, and continues to fall.

By Guest blogger / October 27, 2010

The number of mass layoffs in the past decade (blue line) continues its steady decline from its 2009 heights. The orange area shows the percentage change from one year previous.

SoldAtTheTop / Paper Economy

Enlarge

The September release of the Bureau of Labor Statistics (BLS) Mass Layoff Report indicated a continued decline in large-scale layoffs with 1486 mass layoff events resulting in 133,379 initial unemployment claimants on a seasonally adjusted basis.–

Skip to next paragraph

Writer, The PaperEconomy Blog

Recent posts

The BLS considers a mass layoff event to be a condition where there are at least fifty initial claims for unemployment insurance originating from a single employer over a period of five consecutive weeks.

Add/view comments on this post.

------------------------------

The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here. To add or view a comment on a guest blog, please go to the blogger's own site by clicking on the link above.