Florida had fourth highest amount of mass layoffs in September
Florida had 69 mass layoff actions during the month of September, the fourth highest number in the nation, according to a U.S. Bureau of Labor Statistics summary released today
Jul 31, 202077.4K Shares3.6M Views
Florida had 69 mass layoff actions during the month of September, the fourth highest number in the nation, according to a U.S. Bureau of Labor Statistics summary released today.
California, Pennsylvania and New York had a higher number of mass layoff actions than Florida. The Bureau of Labor Statistics explains that “each mass layoff involved at least 50 workers from a single employer.” The bureau indicates that “employers took 1,495 mass layoff actions in September involving 153,229 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month.”
The agency indicates the “number of mass layoff events in September decreased by 92 from August, and the number of associated initial claims decreased by 12,318. Florida had 78 mass layoff actionsin August, well below June and July levels.
The bureau also reports(.pdf) that Florida had the sixth highest number of initial claimants for unemployment insurance in September behind Illinois and North Carolina, even though the Sunshine State had more mass layoff actions than those two states.
The bureau defines an initial claimant as “a person who files any notice of unemployment to initiate a request either for a determination of entitlement to and eligibility for compensation, or for a subsequent period of unemployment within a benefit year or period of eligibility.”
According to the mass layoff summary, with 376 seasonally adjusted events, the manufacturing sector was the most affected by mass layoff actions through September.
Last week, the Bureau of Labor Statistics indicated that Florida had the largest over-the-month increasein employment adding 23,300 jobs, followed by Texas and Louisiana.
Dexter Cooke
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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide.
He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina.
Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations.
As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all.
Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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