Unemployment Through Layoffs and Offshore Outsourcing (CRS Report for Congress)
Release Date |
Revised Dec. 22, 2010 |
Report Number |
RL30799 |
Report Type |
Report |
Authors |
Linda Levine, Specialist in Labor Economics |
Source Agency |
Congressional Research Service |
Older Revisions |
-
Premium Revised Jan. 11, 2008 (9 pages, $24.95)
add
-
Premium April 25, 2005 (14 pages, $24.95)
add
|
Summary:
This report briefly reviews the various databases This report briefly reviews the various databases that provide information on layoffs. It thenexamines the trend in mass layoff activity generally before focusing on quarterly outsourcing dataderived from the above-described BLS program on extended mass layoffs.In brief, mass layoff activity is up markedly which reflects the lingering impact of the 2007-2009recession on the labor market. With regard to outsourcing-particularly of work movingoffshore-the BLS series shows it is uncommon in extended mass layoffs and accounts for fairlyfew separated workers. Relocation of work most often occurs within the United States and withinthe same company. Most workers separated in extended mass layoffs involving domestic oroffshore outsourcing had been employed by manufacturers. In extended mass layoffs associatedwith the movement of work offshore, jobs most often are shifted to Mexico and China.