Washington Layoffs — March 2007

Employers in Washington logged 6 WARN Act notices in March 2007, involving roughly 287 workers — climbing above February and up 310% versus March 2006. The average filing covered 48 workers, with 2 closures among the notices.

Industry Breakdown

The Finance & Insurance sector dominated layoff filings with 281 workers across 2 notices. Meanwhile, Information & Technology reported 2 workers.

Geographic Hotspots

Spokane saw the most concentrated activity, accounting for 71% of all affected workers with 205 workers across 1 notices.

Layoff Type Analysis

Closures accounted for 1% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

The biggest impact was at Bank of America at its Spokane facility, reporting 205 affected workers. Millenium Funding Group followed with 76 workers.

Trend & Outlook

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

This data points to mounting pressure on the Washington 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 Washington. 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 Washington WARN notices, browse layoffs by state, or download the full dataset.