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Pastimes : Layoff Totals for US Companies
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To: Ahda who wrote (2802)6/10/2003 10:38:09 PM
From: Joe S Pack  Read Replies (2) of 8051
 
Why the government's number is not correct (under reported) and why it is lower than the last year's number.

Gov't Drops Monthly Mass Layoff Report

story.news.yahoo.com.

WASHINGTON - The Bush administration has dropped the government's monthly report on mass layoffs, which also had been eliminated when President Bush (news - web sites)'s father was in office.

The report by the Labor Department (news - web sites)'s Bureau of Labor Statistics recorded layoffs of 50 or more workers regardless of duration.

It was started in 1984 but was dropped for lack of funding during the last recession in 1992, when the first President Bush was in office. Lack of funding was cited this time, too. The program had been revived in 1995 under President Clinton (news - web sites).

The last report was issued on Christmas Eve with November's figures showing that U.S. companies laid off more than 240,000 workers in 2,150 mass layoffs.

A Labor Department spokesman did not immediately return a message seeking comment.

Last report including this announcement is at
bls.gov

I understand this number is based on a survey and wondering what and how do they survey.
Then again we get this from their web site:

Question: Can I get a list of the companies in the samples of the Bureau of Labor Statistics (BLS) surveys?

Answer: No. Data are collected under a pledge of confidentiality. We cannot reveal either the companies that participate or the data they provide.
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