US – 6.1 million workers were displaced from jobs they had held for at least 3 years

From January 2009 through December 2011, 6.1 million workers were displaced from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statistics reported today.

Highlights from the January 2012 survey:

–In January 2012, 56 percent of the 6.1 million long-tenured displaced workers were reemployed, up from 49 percent for the prior survey in January 2010.

–Forty percent of long-tenured displaced workers from the 2009-11 period cited insufficient work as the reason for their displacement, and 31 percent cited that their plant or company closed down or moved.

–Nearly 1 in 5 long-tenured displaced workers lost a job in manufacturing.

–Among long-tenured workers who were displaced from full-time wage and salary jobs and who were reemployed in such jobs in January 2012, 46 percent had earnings that were as much or greater than those of their lost job.

via Displaced Workers Summary.