2021–23 Worker Displacement — 2024-08-29

From January 2021 through December 2023, there were 2.6 million workers displaced from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statistics reported today. This was down by 1.0 million workers from the prior survey period covering January 2019 to December 2021. In January 2024, 65.7 percent of long-tenured workers displaced from 2021 to 2023 were reemployed, little different from the percentage in January 2022. The U.S. Department of Labor's Chief Evaluation Office sponsored the January 2024 survey to collect information on workers who were displaced from their jobs. Since 1984, these surveys have been conducted biennially in January as supplements to the Current Population Survey (CPS), a monthly survey of households that is the primary source of information on the nation's labor force. For further information, see the Technical Note in this news release.