New York Layoffs — May 2017

Employers in New York posted 30 WARN Act notices in May 2017, affecting an estimated 1,965 workers — reflecting a significant uptick compared to April and up 208% versus May 2016. The average filing covered 66 workers, with 18 closures among the notices.

30
Notices Filed
1,965
Workers Affected
66
Avg per Notice
18
Closures

Industry Breakdown

IndustryNoticesWorkers
Other7938
Transportation2213
Finance & Insurance3190
Retail2164
Healthcare9162
Accommodation & Food382
Professional Services174
Manufacturing157

The Other sector saw the heaviest impact with 938 workers across 7 notices. On a related front, Transportation reported 213 workers.

Geographic Hotspots

CountyNoticesWorkers
New York7443
Queens2413
Erie3251
Suffolk2229
Nassau3191

New York was the epicenter of layoff activity, accounting for 23% of all affected workers with 443 workers across 7 notices.

CityNoticesWorkers
New York7443
Jamaica1378
Elma1179
Islandia1178
Albany6153

Layoff Type Analysis

TypeNoticesWorkers
Closure181,657
Layoff12308

The high proportion of closures (84% of affected workers) suggests structural shifts rather than temporary cutbacks in New York's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
Aircraft Service International, Inc. d/b/a ASIGJamaica378Closure2017-05-15
Webster Hall Entertainment CorpNew York267Closure2017-05-04
Nationstar Mortgage LLCElma179Closure2017-05-23
Rides Unlimited of New York, Inc. dba Rides Unlimited of Nassau/Suffolk (Hoffman Lane)Islandia178Closure2017-05-05
Davis Vision - Manufacturing PlantPlainview151Closure2017-05-08
IPRO Client Site (Washington)Albany104Layoff2017-05-01
Walmart Store #2415Niskayuna102Closure2017-05-15
Merchant Cash and Capital, LLC (and its BIZFI subsidiary)New York74Layoff2017-05-15
Sykes Enterprises, Incorporated (Amherst)Amherst71Layoff2017-05-05
Kmart Store #03837 (Kmart Corporation)Webster62Closure2017-05-04
B&H Foto and Electronics Corp.(warehouse)Brooklyn57Closure2017-05-09
ViaTech Publishing Solutions, IncBay Shore51Closure2017-05-22
Prague LLC d/b/a Schiller's Liquor BarNew York48Closure2017-05-15
Chelsea Hospitality Partners LLC d/b/a AvenueNew York42Closure2017-05-23
IPRO Client Site (Corning)Albany39Layoff2017-05-01

The largest notice was filed by Aircraft Service International, Inc. d/b/a ASIG at its Jamaica facility, reporting 378 affected workers. Webster Hall Entertainment Corp followed with 267 workers.

Trend & Outlook

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

The trends suggest mounting pressure on the New York labor market, with activity running above both recent and year-ago benchmarks. The Other sector warrants close attention heading into the next period.

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

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