Mass Layoffs In November 2005 — 2005-12-22

In November 2005, employers took 1,183 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Each action involved at least 50 persons from a single establishment, and the number of workers involved totaled 118,098, on a seasonally adjusted basis. (See table 1.) The number of layoff events in November rose by 95 from October and the number of associated initial claims increased by 11,860. In the manufacturing sector, 353 mass layoff events were reported during November 2005, seasonally adjusted, resulting in 44,595 initial claims. The number of mass layoff events in manufacturing was somewhat higher than a month earlier, while the number of initial claims was lower.