WORKER DISPLACEMENT: 2007-2009
"From January 2007 through December 2009, 6.9 million workers were displaced from jobs they had
held for at least 3 years, the U.S. Bureau of Labor Statistics reported today. This was nearly twice as many as were displaced for the survey period covering January 2005 to December 2007. In January
2010, about half of displaced workers were reemployed, down from about two-thirds for the prior sur-
vey in January 2008. The more recent period includes the recession that began in December 2007. In
contrast, the prior survey covered a period of employment growth and declining unemployment..."