South Carolina Layoffs — June 2013

Employers in South Carolina reported 3 WARN Act notices in June 2013, displacing an estimated 850 workers — signaling an acceleration from May and down 13% versus June 2012. The average filing covered 283 workers, with 1 closure among the notices.

3
Notices Filed
850
Workers Affected
283
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1573
Information & Technology1214

The Finance & Insurance sector topped the list of affected industries with 573 workers across 1 notice. Notably, Information & Technology reported 214 workers.

Geographic Hotspots

CountyNoticesWorkers
Florence1573
Aiken1214
Laurens163

Florence absorbed the greatest share of layoffs, accounting for 67% of all affected workers with 573 workers across 1 notices.

CityNoticesWorkers
Florence1573
Aiken1214
Laurens163

Layoff Type Analysis

TypeNoticesWorkers
Closure1573
Layoff2277

The high proportion of closures (67% of affected workers) suggests structural shifts rather than temporary cutbacks in South Carolina's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
Mortgage BankFlorence573Closure2013-06-04
Newman Technology South Carolina, IncAiken214Layoff2013-06-07
Jostens, IncLaurens63Layoff2013-06-24

The most significant filing came from Mortgage Bank at its Florence facility, reporting 573 affected workers. Newman Technology South Carolina, Inc followed with 214 workers.

Trend & Outlook

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

The numbers illustrate 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.

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