27 August 2012

• U.S. Displaced Workers: 2009-2011


From January 2009 through December 2011, 6.1 million workers were displaced from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statistics reports.

Forty percent of long-tenured displaced workers from the 2009-11 period cited insufficient work as the reason for their displacement, and 31 percent cited that their plant or company closed down or moved.

Nearly 1 in 5 long-tenured displaced workers lost a job in manufacturing.

Among long-tenured workers who were displaced from full-time wage and salary jobs and who were reemployed in such jobs in January 2012, 54 percent had earnings that were less than those of their lost job.

Source: USDOL-BLS


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