Description
The U.S. Job Losers on Layoff is released by the Bureau of Labor Statistics (BLS) and measures the number of people who are unemployed due to temporary layoffs during the reporting period. These workers typically expect to be recalled to their jobs at some point in the future, distinguishing this situation from permanent job loss.
Changes in the number of temporarily unemployed individuals can reflect short-term fluctuations in the labor market. An increase in this figure usually indicates that businesses are facing short-term challenges, such as declining demand or seasonal business fluctuations, leading to temporary layoffs. Conversely, a decrease may suggest that businesses are recalling workers or that economic activity is recovering.
This data is released monthly, reflecting changes in the number of temporarily laid-off workers in the United States during the previous month.