Washington Layoffs — May 2007

Employers in Washington filed 4 WARN Act notices in May 2007, impacting roughly 120 workers — representing a pullback from April and down 84% versus May 2006. The average filing covered 30 workers, with 1 closure among the notices.

Industry Breakdown

Industry	Notices	Workers
Finance & Insurance	1	41

The Finance & Insurance sector led the way in workforce reductions with 41 workers across 1 notice.

Geographic Hotspots

County	Notices	Workers
Clark	1	72
King	3	48

Clark bore the heaviest burden, accounting for 60% of all affected workers with 72 workers across 1 notices.

City	Notices	Workers
Vancouver	1	72
Bellevue	1	41
Bothell	2	7

Layoff Type Analysis

Type	Notices	Workers
Layoff	3	79
Closure	1	41

Closures accounted for 34% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

Company	City	Workers	Type	Date
Millenium Funding Group	Vancouver	72	Layoff	2007-05-01
New Century Financial Corporation	Bellevue	41	Closure	2007-05-10
ICOS Corporation	Bothell	5	Layoff	2007-05-14
ICOS Corporation	Bothell	2	Layoff	2007-05-09

The single largest action involved Millenium Funding Group at its Vancouver facility, reporting 72 affected workers. New Century Financial Corporation followed with 41 workers.

Trend & Outlook

The data underscores 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.