US Layoffs — December 2008

The US labor market showed continued flux as employers recorded 269 WARN Act notices in December 2008, covering approximately 35,096 workers — marking a decline from November and up 156% versus December 2007. Filings came from 20 states and territories, with an average of 130 workers per notice.

269
Total Notices
35,096
Workers Affected
20
States Reporting
130
Avg per Notice
71
Closures

Top States by Workers Affected

StateNoticesWorkers
New York446,201
Ohio253,825
Texas413,739
Michigan203,009
Florida222,786
Missouri92,178
Georgia162,169
Pennsylvania132,046
Indiana171,738
Alabama51,212
Oklahoma121,042
Kansas81,028
Arizona3941
New Jersey7924
Kentucky11924
Delaware2401
Washington4347
Maryland4341
Washington DC3175
Iowa370

New York led the nation with 6,201 workers affected across 44 notices , followed by Ohio (3,825 workers) and Texas (3,739 workers) .

Industry Breakdown

IndustryNoticesWorkers
Manufacturing444,599
Other262,598
Finance & Insurance82,585
Information & Technology161,558
Transportation10999
Retail7649
Healthcare5643
Professional Services2293
Wholesale Trade2191
Utilities2138

The Manufacturing sector accounted for the largest share of job cuts with 4,599 workers across 44 notices. At the same time, Other reported 2,598 workers.

Layoff Type Analysis

TypeNoticesWorkers
Closure719,463
Layoff658,758

Closures accounted for 27% of all affected workers nationally, with the majority of events being layoffs rather than full closures.

Largest Layoffs

CompanyLocationWorkersType
Citigroup Inc. and its NY SubsidiariesNew York, New York1,004Layoff
ABX Air, IncWilmington, Ohio838
Credit Suisse Securities (USA) LLCNew York, New York759Layoff
DHL Information System (Americas), IncScottsdale, Arizona750
GildanFort Payne, Alabama738Closure
Anheuser-Busch InBevSt. Louis, Missouri658Layoff
Convergys, Inc. - HoustonHouston, Texas653
Convergy's, Inc. - HoustonHouston, Texas653
Morgan StanleyNew York, New York590Layoff
CessnaWichita, Kansas520

Leading the list was Citigroup Inc. and its NY Subsidiaries in New York, New York, reporting 1,004 affected workers. ABX Air, Inc followed with 838 workers.

Trend & Outlook

The filings reflect 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 December 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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