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mahatmakanejeeves

(56,901 posts)
Tue Aug 28, 2018, 10:25 AM Aug 2018

BLS Report: From 2015 to 2017, 3 million workers displaced from jobs they held for at least 3 years

From 2015 to 2017, 3.0 million workers displaced from jobs they held for at least 3 years

Economic News Release USDL-18-1370

Displaced Workers Summary

For release 10:00 a.m. (EDT) Tuesday, August 28, 2018

Technical information: (202) 691-6378 * [email protected] * www.bls.gov/cps
Media contact: (202) 691-5902 * [email protected]


WORKER DISPLACEMENT: 2015-17


From January 2015 through December 2017, there were 3.0 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 slightly from 3.2 million workers for the prior survey period covering January 2013 to December 2015. In January 2018, 66 percent of workers displaced from 2015 to 2017 were reemployed, little different from the reemployment rate for January 2016.

The U.S. Department of Labor's Chief Evaluation Office sponsored the January 2018 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.

Displaced workers are defined as persons 20 years of age and over who lost or left jobs because their plant or company closed or moved, there was insufficient work for them to do, or their position or shift was abolished. The period covered in this study was 2015-17, the 3 calendar years prior to the January 2018 survey date. This period was characterized by employment growth and declining unemployment. The following analysis focuses primarily on the 3.0 million persons who had worked for their employer for 3 or more years at the time of displacement (referred to as long-tenured workers). An additional 3.8 million persons were displaced from jobs they had held for less than 3 years (referred to as short-tenured workers). Combining the short- and long-tenured groups, the number of displaced workers totaled 6.8 million from 2015 to 2017. This is down from 7.4 million for the 2013-15 survey period.

Highlights from the January 2018 survey:

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