Rhode Island Layoffs — January 2014
Employers in Rhode Island posted 1 WARN Act notices in January 2014, affecting an estimated 49 workers. The average filing covered 49 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 49 |
The Finance & Insurance sector saw the heaviest impact with 49 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Providence | 1 | 49 |
Providence absorbed the greatest share of layoffs, accounting for 100% of all affected workers with 49 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Lincoln | 1 | 49 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 49 |
The high proportion of closures (100% of affected workers) suggests structural shifts rather than temporary cutbacks in Rhode Island's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Money Management International | Lincoln | 49 | Closure |
The largest notice was filed by Money Management International at its Lincoln facility, reporting 49 affected workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the Rhode Island 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 Rhode Island. 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 Rhode Island WARN notices, browse layoffs by state, or download the full dataset.