Employers in Maryland logged 3 WARN Act notices in July 2014, involving roughly 198 workers and down 50% versus July 2013. The average filing covered 66 workers, with 1 closure among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 68 |
The Finance & Insurance sector dominated layoff filings with 68 workers across 1 notice.
Geographic details were not available for filings in Maryland this month.
| Type | Notices | Workers |
|---|---|---|
| Layoff | 2 | 144 |
| Closure | 1 | 54 |
Closures accounted for 27% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Charles River Laboratories | 76 | Layoff | 2014-07-09 | |
| RoundPoint Mortgage Company | 68 | Layoff | 2014-07-21 | |
| Office Depot Max | 54 | Closure | 2014-07-10 |
The biggest impact was at Charles River Laboratories at its Maryland facility, reporting 76 affected workers. RoundPoint Mortgage Company followed with 68 workers.
After a dip last month, layoff activity has ticked back up.
This data points to a mixed picture for Maryland'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 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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