The Fact
Among long-tenured workers displaced during 2023–2025, 22.9% were displaced because there was insufficient work for them to do.
What This Means
Not every established job ended because the workplace closed or the position was formally abolished. Nearly a quarter of these long-tenured displacements occurred because the employer no longer had enough work to sustain the job.
Sources
- U.S. Bureau of Labor Statistics. “Worker Displacement: 2023–2025.” USDL-26-1423, August 27, 2026.