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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