Connecticut Layoffs — March 2017

Employers in Connecticut posted 12 WARN Act notices in March 2017, affecting an estimated 200 workers — reflecting a cooling compared to February and down 35% versus March 2016. The average filing covered 17 workers, with 4 closures among the notices.

12
Notices Filed
200
Workers Affected
17
Avg per Notice
4
Closures

Industry Breakdown

IndustryNoticesWorkers
Manufacturing2130
Retail852
Finance & Insurance218

The Manufacturing sector saw the heaviest impact with 130 workers across 2 notices. On a related front, Retail reported 52 workers.

Geographic Hotspots

CountyNoticesWorkers
New Haven3138
Fairfield326
Hartford426
New London210

New Haven absorbed the greatest share of layoffs, accounting for 69% of all affected workers with 138 workers across 3 notices.

CityNoticesWorkers
Orange2130
Stamford218
Bloomfield214
West Hartford212
Groton210

Layoff Type Analysis

TypeNoticesWorkers
Closure426
Layoff19

Closures accounted for 13% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Valley Tool & Manufacturing, IncOrange652017-03-24
Valley Tool & Manufacturing, IncOrange652017-03-24
Royal Bank of Scotland, Plc and RBS Securities Inc. (Updated Notice)Stamford9Layoff2017-03-23
Royal Bank of Scotland Plc and RBS Securities IncStamford92017-03-23
Dollar ExpressNew Haven8Closure2017-03-30
Dollar ExpressBridgeport82017-03-30
Dollar ExpressBloomfield7Closure2017-03-30
Dollar ExpressBloomfield72017-03-30
Dollar ExpressWest Hartford6Closure2017-03-30
Dollar ExpressWest Hartford62017-03-30
Dollar ExpressGroton5Closure2017-03-30
Dollar ExpressGroton52017-03-30

The largest notice was filed by Valley Tool & Manufacturing, Inc at its Orange facility, reporting 65 affected workers. Valley Tool & Manufacturing, Inc followed with 65 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

The trends suggest a easing in workforce disruptions across Connecticut, with filings falling below both recent and year-ago levels. The Manufacturing sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Connecticut. 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 Connecticut WARN notices, browse layoffs by state, or download the full dataset.

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