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Texas Layoffs — August 2007

Employers in Texas posted 15 WARN Act notices in August 2007, affecting an estimated 1,504 workers — reflecting a significant uptick compared to July and up 5% versus August 2006. The average filing covered 100 workers, with 0 closures among the notices.

15
Notices Filed
1,504
Workers Affected
100
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for Texas
IndustryNoticesWorkers
Finance & Insurance8749
Manufacturing3518
Information & Technology1108
Transportation280
Real Estate149

The Finance & Insurance sector saw the heaviest impact with 749 workers across 8 notices. On a related front, Manufacturing reported 518 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Harris6526
Bexar1295
Travis2200
Hardin1147
Tarrant2119

Harris saw the most concentrated activity, accounting for 35% of all affected workers with 526 workers across 6 notices.

Top cities by layoff notices
CityNoticesWorkers
Houston6526
San Antonio1295
Austin2200
Silsbee1147
Fort Worth2119

Layoff Type Analysis

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

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Friedrich Air ConditioningSan Antonio295
Aegis Mortgage Corporation - HoustonHouston201
Aegis Mortgage Corporation - Houston2Houston200
Louisiana Pacific Corporation - Silsbee3Silsbee147
First Magnus Financial (Wholesale & Retail)Austin120
Advanced Environmental Recycling TechnologiesJunction108
Accredited Home Lenders-AustinAustin80
CenveoHouston76
Con-way FreightFort Worth70
Option One MortgageFrisco57
Accredited Home Lenders-DallasIrving52
Crescent Real Estate EquitiesFort Worth49
American Home Mortgage - Houston2Houston20
American Home Mortgage - HoustonHouston19
Houston Distribution CenterHouston10

The largest notice was filed by Friedrich Air Conditioning at its San Antonio facility, reporting 295 affected workers. Aegis Mortgage Corporation - Houston followed with 201 workers.

Trend & Outlook

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

The trends suggest mounting pressure on the Texas 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 Texas. 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 Texas WARN notices, browse layoffs by state, or download the full dataset.

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