Employers in New York posted 12 WARN Act notices in July 2006, affecting an estimated 875 workers. The average filing covered 73 workers, with 4 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 3 | 311 |
| Other | 3 | 286 |
| Arts & Entertainment | 1 | 179 |
| Retail | 5 | 99 |
The Finance & Insurance sector saw the heaviest impact with 311 workers across 3 notices. On a related front, Other reported 286 workers.
| County | Notices | Workers |
|---|---|---|
| New York | 2 | 245 |
| Kings | 2 | 233 |
| Erie | 1 | 170 |
| Suffolk | 6 | 149 |
| Richmond | 1 | 78 |
New York saw the most concentrated activity, accounting for 28% of all affected workers with 245 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| New York | 2 | 245 |
| Brooklyn | 2 | 233 |
| Buffalo | 1 | 170 |
| Medford | 5 | 99 |
| Staten Island | 1 | 78 |
| Type | Notices | Workers |
|---|---|---|
| Closure | 4 | 465 |
| Layoff | 8 | 410 |
The high proportion of closures (53% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Intrepid Sea, Air and Space Museum | New York | 179 | Closure | 2006-07-26 |
| Home Market Foods, Inc. Freezer Queen division | Buffalo | 170 | Closure | 2006-07-20 |
| Sovereign Bank | Brooklyn | 134 | Layoff | 2006-07-06 |
| Sovereign Bank | Brooklyn | 99 | Layoff | 2006-07-06 |
| Sovereign Bank | Staten Island | 78 | Layoff | 2006-07-06 |
| Time Inc. (TEEN PEOPLE Magazine) | New York | 66 | Closure | 2006-07-31 |
| Washington Mutual | Islandia | 50 | Closure | 2006-07-28 |
| Neil Buick Corporation | Medford | 36 | Layoff | 2006-07-24 |
| Neil Lincoln-Mercury/Hyundai Corp. d/b/a Neil Hyundai | Medford | 23 | Layoff | 2006-07-24 |
| Neil Lincoln-Mercury/Hyundai Corp | Medford | 21 | Layoff | 2006-07-24 |
| Neil Buick Corporation d/b/a Neil Dodge | Medford | 18 | Layoff | 2006-07-24 |
| Neil Buick Corporation d/b/a Neil Isuzu | Medford | 1 | Layoff | 2006-07-24 |
The largest notice was filed by Intrepid Sea, Air and Space Museum at its New York facility, reporting 179 affected workers. Home Market Foods, Inc. Freezer Queen division followed with 170 workers.
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the New York labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by New York. 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 New York WARN notices, browse layoffs by state, or download the full dataset.
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