Ohio Layoffs — March 2007

Employers in Ohio recorded 8 WARN Act notices in March 2007, covering approximately 894 workers — marking a sharp increase from February and down 13% versus March 2006. The average filing covered 112 workers, with 0 closures among the notices.

8
Notices Filed
894
Workers Affected
112
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1230
Manufacturing1131
Professional Services1100
Information & Technology146

The Finance & Insurance sector accounted for the largest share of job cuts with 230 workers across 1 notice. At the same time, Manufacturing reported 131 workers.

Geographic Hotspots

CountyNoticesWorkers
Fairfield1141
Jackson1131
Highland1100
Lorain196
Lucas179

Fairfield felt the sharpest impact, accounting for 16% of all affected workers with 141 workers across 1 notices.

CityNoticesWorkers
Richfield, Independence1230
Lancaster1141
Jackson1131
Greenfield1100
Elyria196

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
NovaStar Mortgage, IncRichfield, Independence2302007-03-19
Lancaster Glass CorporationLancaster1412007-03-28
Meridian Automotive Systems, IncJackson1312007-03-19
Greenfield Research, IncGreenfield1002007-03-07
Dillard's, IncElyria962007-03-06
Masonite International CorporationToledo792007-03-13
Hospira, IncAshland712007-03-16
FormTech Industries, LLCCanal Fulton462007-03-26

Leading the list was NovaStar Mortgage, Inc at its Richfield, Independence facility, reporting 230 affected workers. Lancaster Glass Corporation followed with 141 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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