Connecticut Layoffs — July 2017

Employers in Connecticut logged 6 WARN Act notices in July 2017, involving roughly 304 workers — falling below June and up 77% versus July 2016. The average filing covered 51 workers, with 2 closures among the notices.

6
Notices Filed
304
Workers Affected
51
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Healthcare2220
Finance & Insurance246

The Healthcare sector dominated layoff filings with 220 workers across 2 notices. Meanwhile, Finance & Insurance reported 46 workers.

Geographic Hotspots

CountyNoticesWorkers
Litchfield2220
Fairfield246
New Haven238

Litchfield bore the heaviest burden, accounting for 72% of all affected workers with 220 workers across 2 notices.

CityNoticesWorkers
Torrington2220
Stamford246
Wallingford238

Layoff Type Analysis

TypeNoticesWorkers
Closure2129
Layoff123

Closures accounted for 42% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Torrington Health & Rehabilitation CenterTorrington110Closure2017-07-21
Torrington Health & Rehabilitation CenterTorrington1102017-07-21
Royal Bank of Scotland, Plc and RBS Securities Inc. (Updated Notice)Stamford23Layoff2017-07-13
Royal Bank of Scotland Plc and RBS Securities IncStamford232017-07-13
Bristol-Myers Squibb (Update to 1/31/17 notice)Wallingford19Closure2017-07-25
Bristol-Myers SquibbWallingford192017-07-25

The biggest impact was at Torrington Health & Rehabilitation Center at its Torrington facility, reporting 110 affected workers. Torrington Health & Rehabilitation Center followed with 110 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

This data points to a mixed picture for Connecticut's labor market, with activity diverging between monthly and annual comparisons. The Healthcare 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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