Mass Layoff Statistics (MLS)

Market Sensitivity: Low.

What Is It: Measures actual layoffs in business and government.

News Release on Internet: www.bls.gov/mls

Home Web Address: www.bls.gov

Release Time: 10 A.M. (ET); report is out four weeks after the end of the month.

Frequency: Monthly.

Source: Bureau of Labor Statistics, Department of Labor.

Revisions: Data is revised for the last two months.

Why Is It Important

There are presently two major sources of information on layoffs. One is the Challenger, Gray & Christmas survey, which was discussed in the preceding section (“Corporate Layoff Announcements”). Their data, however, covers only announced corporate layoffs; they don't follow up to see if these job elimination plans were fully carried ...

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