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US Layoffs — May 2008

The US labor market showed continued flux as employers logged 146 WARN Act notices in May 2008, involving roughly 14,917 workers — falling below April and up 25% versus May 2007. Filings came from 21 states and territories, with an average of 102 workers per notice.

146
Total Notices
14,917
Workers Affected
21
States Reporting
102
Avg per Notice
50
Closures

Top States by Workers Affected

State-by-state layoff summary
StateNoticesWorkers
New York271,933
New Jersey101,836
Ohio131,562
Pennsylvania121,416
Florida151,368
Illinois131,277
Michigan4891
Georgia9792
Missouri6773
Louisiana4551
Arizona5537
Texas8461
Alabama2457
Maryland4387
Washington3198
Kentucky2178
Oklahoma2118
Iowa188
Vermont176
South Dakota118
Kansas40

New York led the nation with 1,933 workers affected across 27 notices , followed by New Jersey (1,836 workers) and Ohio (1,562 workers) .

Industry Breakdown

Industry breakdown
IndustryNoticesWorkers
Manufacturing474,713
Transportation112,277
Finance & Insurance182,261
Information & Technology192,224
Wholesale Trade5566
Healthcare7503
Accommodation & Food5388
Retail7302
Professional Services5265
Education3255

The Manufacturing sector dominated layoff filings with 4,713 workers across 47 notices. Meanwhile, Transportation reported 2,277 workers.

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure504,937
Layoff282,661

Closures accounted for 33% of all affected workers nationally, with the majority of events being layoffs rather than full closures.

Largest Layoffs

Largest layoff notices
CompanyLocationWorkersType
Jevic TransportationDelanco, New Jersey1,036
Merrill LynchNew York, New York500Layoff
Shaw IndustriesStevenson, Alabama418Closure
Plastech Engineered ProductsByesville, Ohio416
VisteonMonroe, Michigan351Closure
Plastech Engineered ProductsRomulus, Michigan312Closure
First StudentMilton, Florida277
Jevic TransportationMarkham, Illinois275Closure
Chase Home LendingFt. Washington, Pennsylvania266Layoff
Blake InternationalHouma, Louisiana245

The biggest impact was at Jevic Transportation in Delanco, New Jersey, reporting 1,036 affected workers. Merrill Lynch followed with 500 workers.

Trend & Outlook

This data points to a mixed picture for the nation's labor market, with activity diverging between monthly and annual comparisons. The Manufacturing sector warrants close attention heading into the next period.

This report covers all WARN Act filings with notice dates in May 2008. The Worker Adjustment and Retraining Notification Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is sourced from official state filings and updated daily by WARN Firehose, which also tracks SEC 8-K filings, bankruptcy proceedings, H-1B visa petitions, and unemployment claims across all six datasets. API access and data exports available.

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