Ohio Layoffs — September 2014

Employers in Ohio reported 5 WARN Act notices in September 2014, displacing an estimated 485 workers — signaling an acceleration from August and down 24% versus September 2013. The average filing covered 97 workers, with 0 closures among the notices.

5
Notices Filed
485
Workers Affected
97
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2124
Information & Technology150

The Finance & Insurance sector topped the list of affected industries with 124 workers across 2 notices. Notably, Information & Technology reported 50 workers.

Geographic Hotspots

CountyNoticesWorkers
Lake1199
Cuyahoga3174
Franklin1112

Lake saw the most concentrated activity, accounting for 41% of all affected workers with 199 workers across 1 notices.

CityNoticesWorkers
Concord1199
Columbus1112
Seven Hills166
Independence158
Parma150

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Ricerca Biosciences LLCConcord1992014-09-02
Sears Holdings Corporation‐Product Rebuild CenterColumbus1122014-09-11
Proficio Mortgage Venture LLC ‐Seven HillsSeven Hills662014-09-19
Proficio Mortgage Venture LLC ‐ IndependenceIndependence582014-09-19
GrafTech InternationalParma502014-09-29

The most significant filing came from Ricerca Biosciences LLC at its Concord facility, reporting 199 affected workers. Sears Holdings Corporation‐Product Rebuild Center followed with 112 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The numbers illustrate a mixed picture for Ohio'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 Ohio. 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 Ohio WARN notices, browse layoffs by state, or download the full dataset.

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