Florida Layoffs — November 2012

Employers in Florida recorded 12 WARN Act notices in November 2012, covering approximately 1,568 workers — marking a sharp increase from October and up 185% versus November 2011. The average filing covered 131 workers, with 0 closures among the notices.

12
Notices Filed
1,568
Workers Affected
131
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1312
Manufacturing2309
Construction1277
Accommodation & Food1222
Retail3220
Education3184
Information & Technology144

The Finance & Insurance sector accounted for the largest share of job cuts with 312 workers across 1 notice. At the same time, Manufacturing reported 309 workers.

Geographic Hotspots

CountyNoticesWorkers
Broward2354
Manatee1236
Hillsborough1222
Miami-dade2153
Osceola183

Broward was the epicenter of layoff activity, accounting for 23% of all affected workers with 354 workers across 2 notices.

CityNoticesWorkers
Fort Lauderdale2354
Florida City1277
Bradenton1236
Tampa1222
Miami186

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Bank of AmericaFort Lauderdale3122012-11-09
Bechtel Power Corporation, FP&L Turkey Point EPU ProjectFlorida City2772012-11-13
Pierce Manufacturing, IncBradenton2362012-11-13
Hyatt Regency TampaTampa2222012-11-05
ATI Career Training Center #135Miami862012-11-01
TargetKissimmee832012-11-07
ITW ConsumerRiviera Beach732012-11-14
Ivox Solutions, LLCPalm City702012-11-13
Kmart Store #4767Hialeah672012-11-02
ATI Career Training Center #130Oakland Park562012-11-01
Societe Air FranceSunrise442012-11-02
ATI Career Training Center #140Fort Lauderdale422012-11-01

Leading the list was Bank of America at its Fort Lauderdale facility, reporting 312 affected workers. Bechtel Power Corporation, FP&L Turkey Point EPU Project followed with 277 workers.

Trend & Outlook

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

The filings reflect mounting pressure on the Florida 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 Florida. 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 Florida WARN notices, browse layoffs by state, or download the full dataset.

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