Arizona Layoffs — October 2008

Employers in Arizona logged 10 WARN Act notices in October 2008, involving roughly 600 workers — climbing above September. The average filing covered 60 workers, with 0 closures among the notices.

Industry Breakdown

Industry	Notices	Workers
Finance & Insurance	2	165

The Finance & Insurance sector dominated layoff filings with 165 workers across 2 notices.

Geographic Hotspots

County	Notices	Workers
Maricopa	8	533
Yuma	1	65
Pima	1	2

Maricopa was the epicenter of layoff activity, accounting for 89% of all affected workers with 533 workers across 8 notices.

City	Notices	Workers
Phoenix	3	279
Chandler	2	165
Mesa	1	72
Yuma	1	65
Scottsdale	1	13

Layoff Type Analysis

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

Largest Layoffs

Company	City	Workers	Type	Date
Kmart	Phoenix	135		2008-10-15
Bank of America	Chandler	106		2008-10-29
The Share Group	Phoenix	77		2008-10-22
Kmart	Mesa	72		2008-10-15
Kinro, Inc	Phoenix	67		2008-10-30
Spherion	Yuma	65		2008-10-08
Bank of America	Chandler	59		2008-10-29
Caliber Funding, LLC	Scottsdale	13		2008-10-31
Syntax Brillian Corporation	Tempe	4		2008-10-31
KLA -Tencor	Tucson	2		2008-10-22

The biggest impact was at Kmart at its Phoenix facility, reporting 135 affected workers. Bank of America followed with 106 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

This data points to mounting pressure on the Arizona 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 Arizona. 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 Arizona WARN notices, browse layoffs by state, or download the full dataset.