South Carolina Layoffs — February 2014

Employers in South Carolina reported 2 WARN Act notices in February 2014, displacing an estimated 124 workers — signaling an acceleration from January and down 12% versus February 2013. The average filing covered 62 workers, with 2 closures among the notices.

Industry Breakdown

Industry	Notices	Workers
Finance & Insurance	1	23

The Finance & Insurance sector topped the list of affected industries with 23 workers across 1 notice.

Geographic Hotspots

County	Notices	Workers
Berkeley	1	101
Florence	1	23

Berkeley was the epicenter of layoff activity, accounting for 81% of all affected workers with 101 workers across 1 notices.

City	Notices	Workers
Moncks Corner	1	101
Florence	1	23

Layoff Type Analysis

Type	Notices	Workers
Closure	2	124

The high proportion of closures (100% of affected workers) suggests structural shifts rather than temporary cutbacks in South Carolina's labor market.

Largest Layoffs

Company	City	Workers	Type	Date
American LaFrance, LLC	Moncks Corner	101	Closure	2014-02-04
Mortgage Bank	Florence	23	Closure	2014-02-01

The most significant filing came from American LaFrance, LLC at its Moncks Corner facility, reporting 101 affected workers. Mortgage Bank followed with 23 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.