US Layoffs — March 2012

The US labor market showed signs of rising strain as employers posted 270 WARN Act notices in March 2012, affecting an estimated 25,522 workers — reflecting a significant uptick compared to February and up 24% versus March 2011. Filings came from 26 states and territories, with an average of 95 workers per notice.

270
Total Notices
25,522
Workers Affected
26
States Reporting
95
Avg per Notice
61
Closures

Top States by Workers Affected

StateNoticesWorkers
California674,212
Missouri92,429
Texas142,198
Pennsylvania172,039
New York332,013
North Carolina81,757
Georgia121,133
Florida71,128
Virginia7975
Kansas15932
Tennessee12891
Ohio9826
Oregon3764
Kentucky4676
Michigan4598
Iowa5416
New Jersey5398
Oklahoma2350
Indiana4345
Mississippi4310
Arizona5288
Maryland3287
Alabama2239
South Carolina16214
Louisiana265
Washington139

California led the nation with 4,212 workers affected across 67 notices , followed by Missouri (2,429 workers) and Texas (2,198 workers) .

Industry Breakdown

IndustryNoticesWorkers
Information & Technology101,999
Finance & Insurance111,405
Manufacturing181,332
Healthcare161,241
Accommodation & Food71,079
Other18945
Retail4604
Transportation6560
Admin & Support Services2299
Utilities8219

The Information & Technology sector saw the heaviest impact with 1,999 workers across 10 notices. On a related front, Finance & Insurance reported 1,405 workers.

Layoff Type Analysis

TypeNoticesWorkers
Closure617,157
Layoff564,528

Closures accounted for 28% of all affected workers nationally, with the majority of events being layoffs rather than full closures.

Largest Layoffs

CompanyLocationWorkersType
FordClaycomo, Missouri1,222Layoff
NCO Customer Management, IncNorth Carolina685Closure
T Mobile USA, IncAllentown, Pennsylvania605
Verizon WirelessSouthfield, Michigan499Closure
T-Mobile USA, IncFort Lauderdale, Florida492
Saxon Mortgage (Ft.Worth)Ft. Worth, Texas454
Acuity Brands LightingCochran, Georgia450
MVM, IncSt. Louis, Missouri449Closure
Garden City CasinoSan Jose, California418
T-MobileLenexa, Kansas400

The largest notice was filed by Ford in Claycomo, Missouri, reporting 1,222 affected workers. NCO Customer Management, Inc followed with 685 workers.

Trend & Outlook

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

The trends suggest mounting pressure on the the nation labor market, with activity running above both recent and year-ago benchmarks. The Information & Technology sector warrants close attention heading into the next period.

This report covers all WARN Act filings with notice dates in March 2012. 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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