Ohio Layoffs — May 2005

Employers in Ohio recorded 4 WARN Act notices in May 2005, covering approximately 916 workers — marking a sharp increase from April and down 5% versus May 2004. The average filing covered 229 workers, with 0 closures among the notices.

4
Notices Filed
916
Workers Affected
229
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1632
Manufacturing159

The Finance & Insurance sector accounted for the largest share of job cuts with 632 workers across 1 notice. At the same time, Manufacturing reported 59 workers.

Geographic Hotspots

CountyNoticesWorkers
Cuyahoga1632
Franklin1115
Butler1110
Wyandot159

Cuyahoga bore the heaviest burden, accounting for 69% of all affected workers with 632 workers across 1 notices.

CityNoticesWorkers
Cleveland1632
Columbus1115
Hamilton1110
Upper Sandusky159

Layoff Type Analysis

Layoff type classification was not available for filings in Ohio this month.

Largest Layoffs

CompanyCityWorkersTypeDate
Charter One FinancialCleveland6322005-05-09
OneNation Benefit Administrators, IncColumbus1152005-05-25
Office Depot/Viking Office ProductsHamilton1102005-05-16
Tower Automotive, IncUpper Sandusky592005-05-06

Leading the list was Charter One Financial at its Cleveland facility, reporting 632 affected workers. OneNation Benefit Administrators, Inc followed with 115 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The filings reflect a mixed picture for Ohio's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Ohio. The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is updated daily by WARN Firehose. View all Ohio WARN notices, browse layoffs by state, or download the full dataset.

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