|
A mass layoff event occurs when
at least 25 initial claims for unemployment insurance (UI) are
filed against individual employers during a 5-week period. In
2011, there were 184 mass layoff events associated with Rhode
Island employers. The events involved a total of 17,409
workers, accounting for 18.5 percent of all initial claims
(94,173) filed during the year. Twenty-seven of the 184 layoff
events that occurred in 2011 were classified as long-term
layoffs (expected to last more than 30 days). In 2010, there
were 179 mass layoff events affecting 17,143 workers.
The Manufacturing sector
posted the largest number of mass layoff events in 2011.
Twenty companies were responsible for the 33 events, resulting
in the filing of 2,124 initial claims. Miscellaneous
Manufacturing (7) industries and Fabricated Metal Product
Manufacturing (7) industries reported the most events. In
2010, there were 42 mass layoff events associated with 28
Manufacturing companies.
|
|
|
Layoff
Events by Major Industry
|
| Industry
Sector |
Events |
Initial
Claims |
| Total |
184 |
17,409 |
| Transportation
& Warehousing |
23 |
5,243 |
| Accommodation
& Food Services |
13 |
3,850 |
| Manufacturing |
33 |
2,124 |
| Administrative
& Waste Services |
21 |
1,127 |
| Information |
4 |
724 |
| Construction |
14 |
695 |
| Public
Administration |
13 |
627 |
| Retail
Trade |
10 |
618 |
| Finance
& Insurance |
12 |
575 |
| Health
Care & Social Assistance |
8 |
349 |
| Professional
& Tech. Services |
4 |
219 |
| Real
Estate |
4 |
201 |
| Other
Industry Sectors |
25 |
1,057 |
|
|
There were 23
mass layoff events associated with the Transportation &
Warehousing sector. The six companies associated with these
events had 5,243 initial claims and were concentrated in the
Transit & Ground Passenger Transportation industry. Most
of these events were the result of schools closing for summer
and vacation periods.
The
Administrative & Waste Services sector recorded 21 mass
layoff events in 2011. These events resulted in the filing of
1,127 initial claims from ten Rhode Island companies. In 2010,
there were 24 mass layoff events associated with 11
Administrative & Waste Services companies.
Eight
Construction establishments generated 14 mass layoff events in
2011, resulting in the filing of 695 initial claims. Last
year, there were also 14 mass layoff events affecting a
similar number of workers (667). |
