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Florida Layoffs — August 2007

Employers in Florida logged 20 WARN Act notices in August 2007, involving roughly 1,069 workers — falling below July and up 45% versus August 2006. The average filing covered 53 workers, with 0 closures among the notices.

20
Notices Filed
1,069
Workers Affected
53
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for Florida
IndustryNoticesWorkers
Finance & Insurance15759
Mining & Energy195
Manufacturing187
Construction172
Government149
Wholesale Trade17

The Finance & Insurance sector dominated layoff filings with 759 workers across 15 notices. Meanwhile, Mining & Energy reported 95 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Palm Beach7349
Broward4173
Hillsborough3148
Orange2138
Miami-Dade195

Palm Beach was the epicenter of layoff activity, accounting for 33% of all affected workers with 349 workers across 7 notices.

Top cities by layoff notices
CityNoticesWorkers
Boca Raton5261
Maitland2138
Tampa299
Medley195
Fort Lauderdale191

Layoff Type Analysis

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

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
First NLC Financial ServicesBoca Raton154
Titan AmericaMedley95
First Magnus FinancialFort Lauderdale91
TracoMiami87
Lennar HomesMaitland72
First Magnus FinancialMaitland66
HomeBanc MortgageTampa59
First NLC Financial ServicesBoca Raton56
First Magnus FinancialPalm Beach Gardens51
Lockheed MartinMacDill Air Force Base49
HomeBanc MortgageOrlando44
HomeBanc MortgageDeerfield Beach43
GreenPoint Mortgage FundingTampa40
HomeBanc MortgagePalm Beach Gardens37
R-G Crown BankCasselberry35

The biggest impact was at First NLC Financial Services at its Boca Raton facility, reporting 154 affected workers. Titan America followed with 95 workers.

Trend & Outlook

This data points to a mixed picture for Florida'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 Florida. 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 Florida WARN notices, browse layoffs by state, or download the full dataset.

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