South Carolina Layoffs — June 2013
Employers in South Carolina filed 3 WARN Act notices in June 2013, impacting roughly 850 workers — representing a notable rise over May and down 13% versus June 2012. The average filing covered 283 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 573 |
| Information & Technology | 1 | 214 |
| Manufacturing | 1 | 63 |
The Finance & Insurance sector led the way in workforce reductions with 573 workers across 1 notice. In a parallel development, Information & Technology reported 214 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Florence | 1 | 573 |
| Aiken | 1 | 214 |
| Laurens | 1 | 63 |
Florence saw the most concentrated activity, accounting for 67% of all affected workers with 573 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Florence | 1 | 573 |
| Aiken | 1 | 214 |
| Laurens | 1 | 63 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 573 |
| Layoff | 2 | 277 |
The high proportion of closures (67% of affected workers) suggests structural shifts rather than temporary cutbacks in South Carolina's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Mortgage Bank | Florence | 573 | Closure | |
| Newman Technology South Carolina | Aiken | 214 | Layoff | |
| Jostens | Laurens | 63 | Layoff |
The single largest action involved Mortgage Bank at its Florence facility, reporting 573 affected workers. Newman Technology South Carolina followed with 214 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The data underscores a mixed picture for South Carolina's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by South Carolina. 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 South Carolina WARN notices, browse layoffs by state, or download the full dataset.