Texas Layoffs — June 2013

Employers in Texas logged 18 WARN Act notices in June 2013, involving roughly 3,078 workers — climbing above May and down 25% versus June 2012. The average filing covered 171 workers, with 0 closures among the notices.

18
Notices Filed
3,078
Workers Affected
171
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance51,669
Agriculture1150
Healthcare1112
Utilities15

The Finance & Insurance sector dominated layoff filings with 1,669 workers across 5 notices. Meanwhile, Agriculture reported 150 workers.

Geographic Hotspots

CountyNoticesWorkers
Collin4935
Travis2757
Harris4310
McLennan2244
Parker1239

Collin felt the sharpest impact, accounting for 30% of all affected workers with 935 workers across 4 notices.

CityNoticesWorkers
Austin2757
Richardson2745
Houston4310
Waco2244
Mineral Wells1239

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
OneWest BankAustin7252013-06-14
Bank of America-RichardsonRichardson4212013-06-21
Bank of America-RichardsonRichardson3242013-06-21
Corrections Corporation of America-Mineral WellsMineral Wells2392013-06-10
National Envelope Corporation- EnnisEnnis2192013-06-12
Compas Group-ShellHouston1902013-06-12
Southern Foods Group-Oak FarmsWaco1502013-06-13
National Envelope Corporation - FriscoFrisco1282013-06-12
Select Specialty Hospital-MidlandMidland1122013-06-03
Bank Of America - Dallas4Dallas1122013-06-24
Sterling Administrative Services, LLCWaco942013-06-04
Bank Of America - Dallas4Dallas872013-06-24
Xerox Business ServicesHouston812013-06-27
WeatherfordSan Antonio632013-06-28
Zynga IncAllen622013-06-07

The biggest impact was at OneWest Bank at its Austin facility, reporting 725 affected workers. Bank of America-Richardson followed with 421 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

This data points to a mixed picture for Texas'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 Texas. 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 Texas WARN notices, browse layoffs by state, or download the full dataset.

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