Mass layoffs in manufacturing down in April
Adjust font size:
Manufacturing News, Source : TheManufacturer.com
Published : 26 May 2004 16:29
The manufacturing sector had 24 percent of all mass layoff events in April, the lowest recorded for any April since 1995, according to the US Department of Labor’s Bureau of Labor Statistics.
One year ago, manufacturing reported 32 percent of events.
Within manufacturing, the number of unemployment claimants was highest in food processing (13,582 workers, mainly in frozen fruits and vegetables and in fresh and frozen seafood processing), followed by transportation equipment (4,625 workers, largely automotive-related).
Compared with April 2003, the largest decreases in initial claims were
reported in transportation equipment manufacturing (-10,689 workers), computer and electronic product manufacturing (-3,610 workers), plastic and rubber products manufacturing (-2,853 workers), and machinery manufacturing (-2,710 workers).
In April 2004, employers in all US industries took 1,458 mass layoff actions, as measured by new filings for unemployment benefits during the month. The number of workers involved totaled 157,314. The number of events was the lowest for any April since 2001, and the number of initial claims was the lowest for April since 2000.
Comments on this story
click here to add a comment
You must be registered & logged in to add comments
already have an account and just want to login?
Related Content
Guest Editorial: Checklist - Seven Recommendations for Improved Profits
by Abbott A. Imberman, PhD, Professor of...
more…
FKI LOGISTEX OPENS NORTH AMERICAN TECHNOLOGY & EDUCATION CENTER (TEC)
(St. Louis, Missouri, USA: July 10, 2007) FKI...
more…
Guess selects the tradecard platformand SourceView suite to optimize global trade
NEW YORK, July 10, 2007 – TradeCard Inc., the...
more…
Kimberly-Clark Professional Crosses Final Touchless Frontier With Introduction of First Electronic Bath Tissue Dispenser
ROSWELL, Ga. (July 9, 2007) – Kimberly-Clark...
more…
Boeing Celebrates the Premiere of the 787 Dreamliner
EVERETT, Wash., July 08, 2007 -- Today, Boeing...
more…
no comments yet...