|
In 2006, there were 83 mass
layoff actions* taken by Rhode Island employers as measured by new filings
for Unemployment Insurance (UI) benefits. The events involved a total of
10,817 persons who filed initial claims for UI benefits accounting for
nearly 15 percent of all initial claims (76,453) during 2006 . Fourteen
(16.9%) of the 83 layoff actions that occurred during the year were
classified as long-term layoffs (layoffs expected to last for more than 30
days).
Nineteen (30.6%) of the mass
layoff events occurred in the Manufacturing sector. These 19 events were
linked to 15 Rhode Island establishments. The majority (15) of these
layoff events were classified as temporary, meaning the layoff lasted less
than 31 days. Four layoff events in this sector were classified as
long-term layoffs and affected less than 300 workers.
|
|
Layoff Events
by Major Industry
|
| |
Events |
Initial
Claims |
| Total |
83 |
10,817 |
| Accommodation
& Food Services |
12 |
3,146 |
| Administrative
& Waste Services |
10 |
717 |
| Construction |
5 |
351 |
| Finance
& Insurance |
4 |
194 |
| Government |
5 |
330 |
| Health
Care & Social Assistance |
4 |
372 |
| Manufacturing |
19 |
1,696 |
| Transportation
& Warehousing |
16 |
3,436 |
| Other
Industry Sectors |
8 |
575 |
|
|
The Transportation &
Warehousing sector recorded the second largest number of mass layoff events.
These 16 events, occurring in 2006, resulted in the filing of 3,436 initial
claims. Representing a decrease from the 2005 figures of 18 mass layoff events
and 3,848 initial claims. Less than 3 percent of these claims were associated
with a long-term mass layoff.
There were 12 mass layoff events associated with employers classified in the
Accommodation & Food Services sector involving 3,146 Rhode Island workers.
The majority of these layoffs were short-term with less than 3 percent related
to events lasting more than 30 days.
The Administrative & Waste Services sector had 10 mass layoff events
resulting in the filing of 717 initial claims. All layoffs in this sector were
reported as temporary.
The Construction sector accounted for five events resulting in 351 initial
claims. Only 22 percent of these claimants were part of long-term layoffs.
Both the Finance & Insurance sector and the Health Care & Social
Assistance sector had four events involving a total of 566 Rhode Island
workers. |