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Few Mass Layoffs Are Due to Overseas Competition

Created on February 4, 2011

Few Mass Layoffs Are Due to Overseas Competition

Few Mass Layoffs Are Due to Overseas Competition

About 1 percent of mass layoffs—instances when an employer lays off 50 or more workers in a five-week period and those workers remain unemployed for at least 30 days—result from international competition.

Source: Heritage Foundation calculations using data from the U.S. Department of Labor, Bureau of Labor Statistics, “Extended Mass Layoffs,” Tables 2 and 10, at http://www.bls.gov/news.release/archives/mslo_11122010.pdf (February 3, 2011). Excludes employers who refused to answer or did not know the reasons for the layoffs. The “Business Demand Category” reasons exclude import competition. 

Other text:

Jobs Lost in Mass Layoffs, by Reason, in Third Quarter of 2009 Chart 1 •  WM 3134 heritage.org 1% 1% 2% 8% 11% 23% 55% Disaster/ safety Import competition or overseas relocation Production issues Organizational changes Financial issues Seasonal Business demand