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US Worker Displacement: 2011-2013

BLS: “From January 2011 through December 2013, 4.3 million workers were displaced from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statisticsreported today. This was down from 6.1 million workers for the prior survey period covering January 2009 to December 2011. In January 2014, 61 percent of workers displaced from 2011 to 2013 were reemployed, up by 5 percentage points from the prior survey in January 2012. Since 1984, the Employment and Training Administration of the U.S. Department of Labor has sponsored surveys that collect information on workers who were displaced from their jobs. These surveys have been conducted biennially 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 Displaced workers are defined as persons 20 years of age and older 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 2011-13, the 3 calendar years prior to the January 2014 survey date. Most of this period was characterized by employment growth. The following analysis focuses primarily on the 4.3 million persons who had worked for their employer for 3 or more years at the time of displacement (referred to as long- tenured). An additional 5.2 million persons were displaced from jobs they had held for less than 3 years (referred to as short-tenured). Combining the short-and long-tenured groups, the number of displaced workers totaled 9.5 million from 2011 to 2013. In the prior survey, which was conducted in January 2012 and covered 2009-11, this group numbered 12.9 million.”

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