US Layoffs — September 1998

The US labor market showed continued flux as employers logged 19 WARN Act notices in September 1998, involving roughly 2,240 workers — falling below August and up 353% versus September 1997. Filings came from 3 states and territories, with an average of 118 workers per notice.

19
Total Notices
2,240
Workers Affected
3
States Reporting
118
Avg per Notice
3
Closures

Top States by Workers Affected

StateNoticesWorkers
Ohio111,226
Florida5719
Alabama3295

Ohio led the nation with 1,226 workers affected across 11 notices , followed by Florida (719 workers) and Alabama (295 workers) .

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2340
Healthcare294
Information & Technology159

The Finance & Insurance sector dominated layoff filings with 340 workers across 2 notices. Meanwhile, Healthcare reported 94 workers.

Layoff Type Analysis

TypeNoticesWorkers
Closure3295

Closures accounted for 13% of all affected workers nationally, with the majority of events being layoffs rather than full closures.

Largest Layoffs

CompanyLocationWorkersType
Physician Corp. of AmericaMiami, Florida335
National City BankWhitehall, Ohio240
U S A ITitusville, Florida170
Luverne Slacks CompanyLuverne, Alabama156Closure
AlliedSignalGreenville, Ohio147
GE ElectromaterialsCoshocton, Ohio137
BabusciSeville, Ohio136
Woody's MarketW. Carrollton, Ohio111
Midwest Stamping, IncBowling Green, Ohio106
McAlpin Co./Dillard'sSharonville, Ohio103

The biggest impact was at Physician Corp. of America in Miami, Florida, reporting 335 affected workers. National City Bank followed with 240 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

This data points to a mixed picture for the nation's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance sector warrants close attention heading into the next period.

This report covers all WARN Act filings with notice dates in September 1998. The Worker Adjustment and Retraining Notification Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is sourced from official state filings and updated daily by WARN Firehose. Download the full dataset or explore state-by-state data.

Get weekly layoff reports in your inbox

Free weekly digest of WARN Act filings and analysis.

Want the full dataset?

Browse Layoff Data Get API Access