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Pastimes : Layoff Totals for US Companies
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To: Joe S Pack who wrote (2803)6/10/2003 10:48:07 PM
From: Ahda  Read Replies (1) of 8051
 
I was pretty sure I wasn't taking these stats out of Russia VBG
Funding has been restored.

bls.gov


Funding for the Mass Layoff Statistics (MLS) program has been restored, effective with the President's signing of the Omnibus Appropriations bill for Fiscal Year 2003. The MLS program had been discontinued on December 31, 2002, due to lack of funding. The Bureau of Labor Statistics (BLS) intends to continue both the monthly and quarterly mass layoff statistics time series from the point of interruption. The last monthly release was Mass Layoffs in November 2002, and the last quarterly release was Extended Mass Layoffs in Third Quarter 2002. It is expected that the MLS program will return to its regular publication schedule during Spring 2003.

The MLS program collects reports on mass layoff actions that result in workers being separated from their jobs. Monthly mass layoff numbers are from establishments which have at least 50 initial claims for unemployment insurance (UI) filed against them during a 5-week period. Extended mass layoff numbers (released quarterly) are from a subset of such establishments--those where the employer indicates that 50 or more people were separated from their jobs for at least 31 days.
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