US Layoffs — June 2008

The US labor market showed signs of rising strain as employers recorded 128 WARN Act notices in June 2008, covering approximately 22,216 workers — marking a sharp increase from May and up 51% versus June 2007. Filings came from 18 states and territories, with an average of 174 workers per notice.

128
Total Notices
22,216
Workers Affected
18
States Reporting
174
Avg per Notice
32
Closures

Top States by Workers Affected

StateNoticesWorkers
Florida178,693
New Jersey182,524
Texas172,219
Kentucky161,386
New York91,304
Maryland41,076
Pennsylvania61,057
Alabama4769
Ohio8675
Michigan9611
Iowa4604
Missouri4467
Oklahoma2228
Arizona2205
Kansas4159
Georgia290
Louisiana180
Vermont169

Florida led the nation with 8,693 workers affected across 17 notices , followed by New Jersey (2,524 workers) and Texas (2,219 workers) .

Industry Breakdown

IndustryNoticesWorkers
Retail45,363
Information & Technology133,083
Manufacturing111,781
Other121,717
Finance & Insurance81,007
Transportation3679
Healthcare3327
Professional Services2293
Arts & Entertainment194
Accommodation & Food17

The Retail sector accounted for the largest share of job cuts with 5,363 workers across 4 notices. At the same time, Information & Technology reported 3,083 workers.

Layoff Type Analysis

TypeNoticesWorkers
Closure324,282
Layoff242,848

Closures accounted for 19% of all affected workers nationally, with the majority of events being layoffs rather than full closures.

Largest Layoffs

CompanyLocationWorkersType
AlbertsonsTallahassee, Florida5,131
Space Gateway Support, LLCKennedy Space Center, Florida1,725
Russell Corp.., Coosa River TextilesWetumpka, Alabama550Layoff
Schering-PloughStatewide, New Jersey500
Geisinger SouthWilkes-Barre, Pennsylvania451Layoff
ACS Business Process Solutions - Ft. WorthFort Worth, Texas450
HsbcBaltimore, Maryland445Closure
Spirit AirlinesFort Lauderdale, Florida416
CWork WirelessFort Worth, Texas355
HsbcJacksonville, Florida302

Leading the list was Albertsons in Tallahassee, Florida, reporting 5,131 affected workers. Space Gateway Support, LLC followed with 1,725 workers.

Trend & Outlook

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

The filings reflect mounting pressure on the the nation labor market, with activity running above both recent and year-ago benchmarks. The Retail sector warrants close attention heading into the next period.

This report covers all WARN Act filings with notice dates in June 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. Download the full dataset or explore state-by-state data.

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