New York Layoffs — July 2012

Employers in New York posted 23 WARN Act notices in July 2012, affecting an estimated 1,093 workers — reflecting a cooling compared to June and down 20% versus July 2011. The average filing covered 48 workers, with 7 closures among the notices.

23
Notices Filed
1,093
Workers Affected
48
Avg per Notice
7
Closures

Industry Breakdown

IndustryNoticesWorkers
Transportation4256
Finance & Insurance2236
Other12210
Retail2179
Healthcare1135
Information & Technology155
Accommodation & Food122

The Transportation sector saw the heaviest impact with 256 workers across 4 notices. On a related front, Finance & Insurance reported 236 workers.

Geographic Hotspots

CountyNoticesWorkers
New York4273
Queens5199
Monroe3142
Orange1118
Chautauqua1100

New York saw the most concentrated activity, accounting for 25% of all affected workers with 273 workers across 4 notices.

CityNoticesWorkers
New York4273
Jamaica4163
Rochester3142
Walden1118
Ashville1100

Layoff Type Analysis

TypeNoticesWorkers
Closure7587
Layoff16506

The high proportion of closures (54% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
Credit Suisse Securities (USA) LLCNew York138Layoff2012-07-18
American Resort Management, LLC at the Holiday Inn Rochester AirportRochester135Closure2012-07-31
Thruway Food Markets and Shopping Center, IncWalden118Closure2012-07-27
American Airlines, IncJamaica111Layoff2012-07-23
AFA Foods, IncAshville100Closure2012-07-19
HSBC BankNew York98Closure2012-07-24
Chestnut Ridge Transportation, Inc. (CRT)Spring Valley70Layoff2012-07-23
Slater's Great American MarketplaceCairo61Closure2012-07-02
B/E Aerospace IncHoltsville55Layoff2012-07-25
Colgan AirAlbany53Closure2012-07-24
North American Airlines, Inc. (Administrative Services Unit)Jamaica39Layoff2012-07-02
American Airlines, IncFlushing36Layoff2012-07-23
152 W 34 Inc. Pizza Hut/Tim Horton'sNew York22Closure2012-07-31
Dewey & LeBoeufNew York15Layoff2012-07-31
SCO Family of Services @ The RenaissanceBrooklyn8Layoff2012-07-25

The largest notice was filed by Credit Suisse Securities (USA) LLC at its New York facility, reporting 138 affected workers. American Resort Management, LLC at the Holiday Inn Rochester Airport followed with 135 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

The trends suggest a easing in workforce disruptions across New York, with filings falling below both recent and year-ago levels. The Transportation sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by New York. 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 New York WARN notices, browse layoffs by state, or download the full dataset.

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