Oregon Layoffs — October 2016

Employers in Oregon submitted 4 WARN Act notices in October 2016, putting at risk an estimated 436 workers and down 4% versus October 2015. The average filing covered 109 workers, with 1 closure among the notices.

4
Notices Filed
436
Workers Affected
109
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2100

The Finance & Insurance sector emerged as the hardest-hit sector with 100 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Clackamas2336
Washington2100

Clackamas absorbed the greatest share of layoffs, accounting for 77% of all affected workers with 336 workers across 2 notices.

CityNoticesWorkers
Portland2336
Hillsboro2100

Layoff Type Analysis

TypeNoticesWorkers
Closure1168

Closures accounted for 39% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
EscoPortland168Closure2016-10-31
EscoPortland1682016-10-31
Farmers InsuranceHillsboro502016-10-24
Farmers Insurance GroupHillsboro502016-10-24

Topping the list was Esco at its Portland facility, reporting 168 affected workers. Esco followed with 168 workers.

Trend & Outlook

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

These figures highlight a mixed picture for Oregon'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 Oregon. 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 Oregon WARN notices, browse layoffs by state, or download the full dataset.

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