Employers in Vermont logged 7 WARN Act notices in March 2017, involving roughly 237 workers — climbing above February and up 46% versus March 2016. The average filing covered 34 workers, with 0 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 152 |
| Retail | 2 | 14 |
The Finance & Insurance sector dominated layoff filings with 152 workers across 2 notices. Meanwhile, Retail reported 14 workers.
| County | Notices | Workers |
|---|---|---|
| Chittenden | 1 | 76 |
| Orleans | 1 | 7 |
Chittenden saw the most concentrated activity, accounting for 32% of all affected workers with 76 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| 00 - Vermont Workforce Investment Area | 5 | 154 |
| South Burlington | 1 | 76 |
| Newport | 1 | 7 |
Layoff type classification was not available for filings in Vermont this month.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Merchants Bank | South Burlington | 76 | 2017-03-10 | |
| Merchants Bank | 00 - Vermont Workforce Investment Area | 76 | 2017-03-10 | |
| Perrigo | 00 - Vermont Workforce Investment Area | 56 | 2017-03-31 | |
| Franklin County Humane Society | 00 - Vermont Workforce Investment Area | 10 | 2017-03-29 | |
| Dollar Express | Newport | 7 | 2017-03-30 | |
| Dollar Express | 00 - Vermont Workforce Investment Area | 7 | 2017-03-30 | |
| Radio Shack | 00 - Vermont Workforce Investment Area | 5 | 2017-03-02 |
The biggest impact was at Merchants Bank at its South Burlington facility, reporting 76 affected workers. Merchants Bank followed with 76 workers.
This marks the third consecutive month of rising layoff activity.
This data points to mounting pressure on the Vermont 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 Vermont. 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 Vermont WARN notices, browse layoffs by state, or download the full dataset.
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