Alabama Layoffs — September 2007

Employers in Alabama logged 3 WARN Act notices in September 2007, involving roughly 992 workers — climbing above August and down 30% versus September 2006. The average filing covered 331 workers, with 1 closure among the notices.

3
Notices Filed
992
Workers Affected
331
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1625

The Finance & Insurance sector dominated layoff filings with 625 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Montgomery1625
Jefferson2367

Montgomery was the epicenter of layoff activity, accounting for 63% of all affected workers with 625 workers across 1 notices.

CityNoticesWorkers
Montgomery1625
Birmingham2367

Layoff Type Analysis

TypeNoticesWorkers
Layoff2925
Closure167

Closures accounted for 7% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Regions Financial CorpMontgomery625Layoff2007-09-05
Pemco Aeroplex, IncBirmingham300Layoff2007-09-25
Spring Air CompanyBirmingham67Closure2007-09-14

The biggest impact was at Regions Financial Corp at its Montgomery facility, reporting 625 affected workers. Pemco Aeroplex, Inc followed with 300 workers.

Trend & Outlook

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

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

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