Washington Layoffs — May 2007
Employers in Washington posted 3 WARN Act notices in May 2007, affecting an estimated 48 workers — reflecting a cooling compared to April and down 93% versus May 2006. The average filing covered 16 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 41 |
| Manufacturing | 2 | 7 |
The Finance & Insurance sector saw the heaviest impact with 41 workers across 1 notice. On a related front, Manufacturing reported 7 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| King | 3 | 48 |
King absorbed the greatest share of layoffs, accounting for 100% of all affected workers with 48 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Bellevue | 1 | 41 |
| Bothell | 2 | 7 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 41 |
| Layoff | 2 | 7 |
The high proportion of closures (85% of affected workers) suggests structural shifts rather than temporary cutbacks in Washington's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| New Century Financial | Bellevue | 41 | Closure | |
| Icos | Bothell | 5 | Layoff | |
| Icos | Bothell | 2 | Layoff |
The largest notice was filed by New Century Financial at its Bellevue facility, reporting 41 affected workers. Icos followed with 5 workers.
Trend & Outlook
The trends suggest a easing in workforce disruptions across Washington, with filings falling below both recent and year-ago levels. 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.