Employers in Maryland posted 5 WARN Act notices in July 2013, affecting an estimated 400 workers and up 627% versus July 2012. The average filing covered 80 workers, with 3 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 86 |
The Finance & Insurance sector saw the heaviest impact with 86 workers across 1 notice.
Geographic details were not available for filings in Maryland this month.
| Type | Notices | Workers |
|---|---|---|
| Closure | 3 | 294 |
| Layoff | 2 | 106 |
The high proportion of closures (74% of affected workers) suggests structural shifts rather than temporary cutbacks in Maryland's labor market.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Smithfield | 156 | Closure | 2013-07-16 | |
| MVM, Inc | 106 | Layoff | 2013-07-22 | |
| NCO Financial Systems | 86 | Closure | 2013-07-31 | |
| Complementary Coatings Corp | 52 | Closure | 2013-07-08 | |
| MVM, Inc | N/A | Layoff | 2013-07-22 |
The largest notice was filed by Smithfield at its Maryland facility, reporting 156 affected workers. MVM, Inc followed with 106 workers.
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the Maryland 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 Maryland. 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 Maryland WARN notices, browse layoffs by state, or download the full dataset.
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