The U.S. labor market recorded 7.4 million displaced workers between January 2023 and December 2025, an increase of 1.2 million from the previous three-year period, according to the U.S. Bureau of Labor Statistics (BLS). The findings were released on August 27, 2026.
Among those workers, 3.3 million had held their jobs for at least three years before being displaced. That figure was 746,000 higher than during the January 2021–December 2023 period. By January 2026, 66.1% of these long-tenured workers had found employment again.
Job eliminations were the leading reason for displacement. About 44.4% of long-tenured workers lost their positions because their jobs or shifts were abolished. Company closures or relocations accounted for another 32.6%, while insufficient work represented 22.9%.
Manufacturing recorded the largest share of long-tenured displaced workers at 19%, followed by professional and business services at 16% and retail trade at 10%. Manufacturing alone accounted for 642,000 displaced workers, including 447,000 from durable goods industries.
Reemployment prospects varied by age. The rate reached 72.9% among workers aged 25 to 54, compared with 57.3% for those aged 55 to 64 and 38.6% for workers 65 and older.
The image is an illustration created with AI for general context.
Source: U.S. Bureau of Labor Statistics.
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