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December 24, 2002: Bureau of Labor Statistics Stops Reporting Factory Closings, Mass Layoffs

2002-12-24

The Bureau of Labor Statistics announces that it will no longer publish its monthly Mass Layoffs Statistics Report, which details factory closings around the country. The administration says the reports are too costly. Labor unions say the government is attempting to conceal negative economic news. [Savage, 2007, pp. 104]