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Mass Layoffs in January 2005

Mass Layoffs in January 2005

From The Bureau of Labor Statistics, About.com Guest

Geographic Distribution (Not Seasonally Adjusted)

Among the four census regions, the highest number of initial claims in January due to mass layoffs was in the Midwest, 90,975. Transportation equipment manufacturing and administrative and support services accounted for 32 percent of all mass-layoff initial claims in that region during the month. The West had the second largest number of initial claims, 60,985, followed by the South, with 57,126, and the Northeast, with 54,886.

The number of initial claimants in mass layoffs rose over the year in three of the four regions. The largest increase was in the Midwest (+22,571), followed by the Northeast (+4,216) and the South (+4,011). The West had an over-the-year decrease in initial claims (-6,300). Six of the nine geographic divisions had over-the-year increases in the number of initial claims associated with mass layoffs, with the largest increases in the East North Central (+13,926) and West North Central (+8,645) divisions. Over-the-year decreases occurred in the Pacific (-5,475) and South Atlantic (-2,525) divisions.

Among the states, California recorded the highest number of initial claims filed due to mass layoff events in January (47,222), mostly in administrative and support services and specialty trade contractors. New York had the next highest with 22,185 initial claims reported, followed by Michigan (20,127), Ohio (18,132), Pennsylvania (16,167), and Wisconsin (14,437). These six states accounted for 55 percent of all mass layoff events and 52 percent of all initial claims for unemployment insurance.

Indiana had the largest over-the-year increase in the number of initial claims (+5,809), followed by Iowa (+4,983) and Kentucky (+4,192). The largest over-the-year decreases occurred in California (-4,173) and Georgia (-4,092).

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