Employment & HRIndustries

US industries ranked by June layoffs

In Business Madison
By In Business Madison
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Analyzing a variety of employment sectors using data from the Bureau of Labor Statistics (BLS), Stacker ranked major U.S. industries to see which have been most affected by recent layoffs, the Wisconsin State Journal reports. While layoffs are down from one year ago, rising unemployment and job cuts by major U.S. employers are still creating an environment of uncertainty.

The ranking of industries based on June layoffs, beginning with the highest number and ending with the lowest, is as follows:

  1. Professional and business services — 389,000 layoffs, down 30,000 from May and 26,000 from June 2023, with a 1.7% layoff rate;

  2. Retail trade — 161,000 layoffs, up 25,000 from May and down 11,000 from June 2023, with a 1% layoff rate;

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  3. Accommodation and food services — 124,000 layoffs, down 51,000 from May and 47,000 from June 2023, with a 0.9% layoff rate;

  4. Health care and social assistance — 122,000 layoffs, down 21,000 from May and 30,000 from June 2023, with a 0.5% layoff rate;

  5. Transportation, warehousing, and utilities — 107,000 layoffs, down 3,000 from May and up 9,000 from June 2023, with a 1.5% layoff rate;

  6. Durable goods manufacturing — 72,000 layoffs, up 4,000 from May and 11,000 from June 2023, with a 0.9% layoff rate;

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  7. Other services (tied) — 52,000 layoffs, down 9,000 from May and 22,000 from June 2023, with a 0.9% layoff rate;

Nondurable goods manufacturing (tied) — 52,000 layoffs, up 2,000 from May and unchanged from June 2023, with a 1.1% layoff rate;

  1. Arts, entertainment, and recreation — 51,000 layoffs, down 25,000 from May and 5,000 from June 2023, with a 1.9% layoff rate;

  2. Wholesale trade — 49,000 layoffs, down 1,000 from May and up 20,000 from June 2023, with a 0.8% layoff rate;

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  3. State and local government education — 43,000 layoffs, up 3,000 from May and 7,000 from June 2023, with a 0.4% layoff rate;

  4. State and local government, excluding education — 31,000 layoffs, down 6,000 from May and 11,000 from June 2023, with a 0.3% layoff rate;

  5. Information — 29,000 layoffs, down 5,000 from May and up 2,000 from June 2023, with a 1% layoff rate;

  6. Private educational services — 27,000 layoffs, down 5,000 from May and 5,000 from June 2023, with a 0.7% layoff rate;

  7. Finance and insurance — 23,000 layoffs, down 26,000 from May and up 5,000 from June 2023, with a 0.3% layoff rate;

  8. Real estate and rental and leasing — 22,000 layoffs, down 12,000 from May and up 7,000 from June 2023, with a 0.9% layoff rate;

  9. Mining and logging — 7,000 layoffs, up 1,000 from May and down 3,000 from June 2023, with a 1.2% layoff rate; and

  10. Federal government — 5,000 layoffs, down 2,000 from May and 3,000 from June 2023, with a 0.2% layoff rate.

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