oldfart
Older than dirt
The Bureau of Labor Statistics actually keeps track of this kind of thing. It's a monthly report called "The Mass Layoff Summary". The most recent was issued November 8, showing a large decline in layoffs:
It will be interesting to see if there is any statistically significant blip in the fourth quarter. We should get a preview with the November numbers due out in early December. Until then everything may be hot air.
2011 Events Separations New claims
January-March........... 1,490 225,456 258,220
April-June.................. 1,810 317,546 342,530
July-September.......... 1,393 235,325 291,066
October-December (r) 1,903 334,383 403,457
2012
January-March (r) ...... 1,294 246,956 291,040
April-June (r) ............. 1,959 385,665 382,868
July-September (p) ..... 885 138,484 124,963
r = revised.
p = preliminary.
Mass Layoffs Summary
BLS said:Employers in the private nonfarm sector initiated 885 mass layoff
events in the third quarter of 2012 that resulted in the separation of
138,484 workers from their jobs for at least 31 days, the U.S. Bureau
of Labor Statistics reported today. Over the year, total extended mass
layoff events and associated worker separations were down from 1,393
and 235,325, respectively. (See table A.) Permanent worksite closures
accounted for 11 percent of all events and 14 percent of all separations
during the third quarter of 2012, primarily in the manufacturing sector.
Third quarter 2012 layoff data are preliminary and are subject to revision.
(See the Technical Note.)
It will be interesting to see if there is any statistically significant blip in the fourth quarter. We should get a preview with the November numbers due out in early December. Until then everything may be hot air.
2011 Events Separations New claims
January-March........... 1,490 225,456 258,220
April-June.................. 1,810 317,546 342,530
July-September.......... 1,393 235,325 291,066
October-December (r) 1,903 334,383 403,457
2012
January-March (r) ...... 1,294 246,956 291,040
April-June (r) ............. 1,959 385,665 382,868
July-September (p) ..... 885 138,484 124,963
r = revised.
p = preliminary.
Mass Layoffs Summary