South Carolina Layoffs — January 2015

Employers in South Carolina posted 6 WARN Act notices in January 2015, affecting an estimated 672 workers — reflecting a significant uptick compared to December and up 888% versus January 2014. The average filing covered 112 workers, with 1 closure among the notices.

6
Notices Filed
672
Workers Affected
112
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2136

The Finance & Insurance sector saw the heaviest impact with 136 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Fairfield2352
Richland4320

Fairfield absorbed the greatest share of layoffs, accounting for 52% of all affected workers with 352 workers across 2 notices.

CityNoticesWorkers
Jenkinsville2352
Columbia4320

Layoff Type Analysis

TypeNoticesWorkers
Layoff2244
Closure192

Closures accounted for 14% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
CB&I Shaw ConstructorsJenkinsville176Layoff2015-01-29
CB&I Shaw ConstructorsJenkinsville1762015-01-29
BelkColumbia92Closure2015-01-15
BelkColumbia922015-01-15
Bank of AmericaColumbia68Layoff2015-01-31
Bank of AmericaColumbia682015-01-31

The largest notice was filed by CB&I Shaw Constructors at its Jenkinsville facility, reporting 176 affected workers. CB&I Shaw Constructors followed with 176 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The trends suggest mounting pressure on the South Carolina 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 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.

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