Mass Layoffs Summary for July 2011
There were 1,579 mass layoffs in July involving a total of 145,000 workers, the U.S. Bureau of Labor Statistics reported on August 23rd. This number is seasonally adjusted and measured by new claims filed for Unemployment Insurance benefits during the month. A ‘Mass Layoff’ is defined as a layoff of fifty or more workers in a given month regardless of the duration of the layoff. The July layoffs increased by forty seven, or three percent, from the number in June. The number of initial claims associated with these layoffs increased by 1,556 or one percent. 342 mass layoffs were reported in the manufacturing sector, resulting in 35,460 initial claims. This number is seasonally adjusted.
Industry Distribution (Not Seasonally Adjusted)
There were 2,176 mass layoffs in July, not seasonally adjusted. This round of layoffs resulted in 216,774 initial claims for Unemployment Insurance. This number increased by fifty two, or two percent, from July 2010. The claims associated with these layoffs increased by 10,520 or five percent. Eight of nineteen major industry sectors in the private sector reported increases over the year in initial claims, with the biggest increases in manufacturing, administrative and waste services. The industry with the largest number of initial claims in July, 2011 was temporary help services.
Manufacturing accounted for twenty eight percent of all mass layoff events and thirty three percent of initial claims for Unemployment Insurance filed in July. In July 2010 manufacturing accounted for twenty five percent of mass layoffs and thirty one percent of initial claims. Within the manufacturing sector the number of claimants in July 2011 was highest in the transportation equipment sub sector. Fourteen of the twenty one sub sectors of manufacturing had increases in initial claims over the past year, with the largest increase occurring in textile mills.
Government layoffs reached a high in July in relation to the number of average weekly initial claims. This is due in part to the temporary state government shutdown in Minnesota.
Average weekly analysis mitigates the effect of differing lengths of months, given that some months will contain four weeks and others five weeks depending on what day the first day of the month falls on and how many days in the month.
Geographic Distribution (Not Seasonally Adjusted)
Three of the four census regions and six of the nine census divisions experienced increases in initial claims for unemployment insurance due to mass layoffs in July. Among the census regions, the South recorded the largest increase in initial claims. Of all the geographic divisions, the West North Central had the largest increase in initial claims.
Among individual states California recorded the highest number of mass layoff initial claims in July, followed by New York, Michigan, and Florida. Twenty-eight states plus the District of Columbia experienced increases in initial claims, led by Minnesota. Minnesota recorded a high level of mass layoff initial claims during 2011, mostly due to the partial shutdown of the state government.
Legislative and AZUI Contact Information For Arizona Residents and UI Recipients
Veterans Services in Arizona
Disabled Workers Services in Arizona
Mature Workers Services in Arizona
Youth Services in Arizona
Job Seekers Assistance in Arizona
Like to write? Have local or national insight or inside information? joltleft.com is searching for writers on a variety of topics ranging from book publishing to skateboarding. Check out our list of local or national titles and apply for one that fits your interests. Don’t see a topic you like? Change the location on the upper left and/or the category on the upper right or even suggest a topic.
Also, be sure to use this link when you apply, as I’ll make an extra $50 if you’re accepted as an Examiner. Why not apply to joltleft.com? Click on this link for more info! Write for joltleft.com!