September Layoffs Highest Since 1995

Jan. 13, 2005
By John S. McClenahen Confirming previous anecdotal evidence, the U.S. Department of Labor's Bureau of Labor Statistics says so-called mass layoffs -- those which involve at least 50 employees -- reached 1,316 in September, their highest monthly number ...
ByJohn S. McClenahen Confirming previous anecdotal evidence, the U.S. Department of Labor's Bureau of Labor Statistics says so-called mass layoffs -- those which involve at least 50 employees -- reached 1,316 in September, their highest monthly number since the BLS began keeping such data in April 1995. Some 158,859 workers were affected. BLS data are based on new filings for unemployment insurance during the month. Manufacturing accounted for 37% of the September total, with the construction-equipment, automobile, and semiconductors industries taking the hardest hits.

Popular Sponsored Recommendations

Discover How an Eye Tracking Study Improves Training Procedures

Oct. 29, 2023
Did you know that your training processes can be streamlined by visualizing and analyzing key skills within your employee base? Find out how we use eye tracking to capture advanced...

Gain a competitive edge with real-world lessons on private 5G networks

Nov. 16, 2023
The use of private networks in manufacturing applications is rapidly growing. In this paper, we present valuable insights and lessons learned from the field with the goal of enhancing...

Lean Manufacturing in the Age of the Industrial Internet

Oct. 24, 2023
Read how advanced MES capabilities can help you improve your labor utilization, reduce WIP, and optimize your production. Download the white paper today.

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!