The U.S. labor market experienced an increase in worker displacement in recent years, with millions of employees losing long-tenured jobs, according to the Bureau of Labor Statistics (BLS).
From January 2023 through December 2025, 3.3 million workers were displaced from long-tenured jobs – defined as holding a job for at least three years – an increase of 746,000 from the previous survey period covering January 2021 through December 2023.
Including workers who had been with their employers for less than three years, total displacement reached 7.4 million during the latest period, up from 6.3 million in the prior survey.
The BLS defines displaced workers as people aged 20 and older who report losing or leaving jobs because their company closed or moved, there was insufficient work, or their position or shift was abolished.
The figures provide a different lens on labor-market conditions than monthly payroll and unemployment reports.
Event: All Things Work 2026
Most Displaced Workers Found New Jobs
Despite the increase in displacement, most long-tenured workers affected by job loss had found new employment by January 2026. The reemployment rate was 66.1%, little changed from the 65.7% rate recorded in January 2024.
The relative stability of the reemployment rate suggests that the rise in displacement did not translate into a comparable deterioration in the ability of displaced workers to find new jobs overall. However, outcomes varied across industries.
Among major industry...
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