US Layoffs — May 2007

The US labor market showed continued flux as employers posted 105 WARN Act notices in May 2007, affecting an estimated 13,218 workers — reflecting a cooling compared to April and down 13% versus May 2006. Filings came from 17 states and territories, with an average of 126 workers per notice.

105
Total Notices
13,218
Workers Affected
17
States Reporting
126
Avg per Notice
37
Closures

Top States by Workers Affected

StateNoticesWorkers
Florida212,355
New York142,297
Michigan111,801
Alabama61,376
Ohio51,104
Pennsylvania121,044
Georgia7862
Texas8593
New Jersey3524
Iowa4283
Washington DC3271
Missouri1265
Oklahoma2162
Washington4120
Kansas285
South Dakota148
Louisiana128

Florida led the nation with 2,355 workers affected across 21 notices , followed by New York (2,297 workers) and Michigan (1,801 workers) .

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance112,503
Manufacturing192,421
Information & Technology51,146
Accommodation & Food4329
Healthcare2325
Arts & Entertainment1236
Other3235
Wholesale Trade4165
Agriculture2162
Professional Services175

The Finance & Insurance sector saw the heaviest impact with 2,503 workers across 11 notices. On a related front, Manufacturing reported 2,421 workers.

Layoff Type Analysis

TypeNoticesWorkers
Closure375,171
Layoff192,286

Closures accounted for 39% of all affected workers nationally, with the majority of events being layoffs rather than full closures.

Largest Layoffs

CompanyLocationWorkersType
Citigroup Inc. (family of companies)New York, New York1,073Layoff
The Hoover CompanyCanton, Ohio806
Westpoint Home-AbbevilleAbbeville, Alabama700Closure
ARAMARK Management ServicesJacksonville, Florida670
CitiMortgage, IncJacksonville, Florida557
Digitron Packaging IncorporatedRedford, Michigan436Closure
Lear CorporationWalker, Michigan400Closure
Westpoint Home-Opelika Finishing PlantOpelika, Alabama350Closure
Cummins FiltrationWaynesboro, Georgia329
Nacom CorporationGriffin, Georgia270

The largest notice was filed by Citigroup Inc. (family of companies) in New York, New York, reporting 1,073 affected workers. The Hoover Company followed with 806 workers.

Trend & Outlook

The trends suggest a easing in workforce disruptions across the nation, with filings falling below both recent and year-ago levels. The Finance & Insurance sector warrants close attention heading into the next period.

This report covers all WARN Act filings with notice dates in May 2007. 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.

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