Colorado Layoffs — February 2018

Employers in Colorado reported 15 WARN Act notices in February 2018, displacing an estimated 1,348 workers — signaling a deceleration from January and up 30% versus February 2017. The average filing covered 90 workers, with 3 closures among the notices.

15
Notices Filed
1,348
Workers Affected
90
Avg per Notice
3
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance3740
Professional Services241

The Finance & Insurance sector topped the list of affected industries with 740 workers across 3 notices. Notably, Professional Services reported 41 workers.

Geographic Hotspots

CountyNoticesWorkers
Adams1370
Broomfield165
Park141

Adams felt the sharpest impact, accounting for 27% of all affected workers with 370 workers across 1 notices.

CityNoticesWorkers
Denver1370
Arapahoe/Douglas2198
Broomfield165
Jefferson141

Layoff Type Analysis

TypeNoticesWorkers
Closure3514

Closures accounted for 38% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Jackson National Life Insurance Company370Closure2018-02-08
Jackson National Life Insurance CompanyDenver3702018-02-08
Schneider National Carriers Inc1192018-02-15
Schneider National Carriers IncArapahoe/Douglas1192018-02-15
CPI Card Group79Closure2018-02-12
CPI Card GroupArapahoe/Douglas792018-02-12
Sandoz Inc65Closure2018-02-06
Sandoz IncBroomfield652018-02-06
Davita Clinical Research412018-02-12
DaVitaJefferson412018-02-12
Sandoz IncN/A2018-02-06
Jackson National Life Insurance CompanyN/A2018-02-08
CPI Card GroupN/A2018-02-12
Davita Clinical ResearchN/A2018-02-12
Schneider National Carriers IncN/A2018-02-15

The most significant filing came from Jackson National Life Insurance Company at its Colorado facility, reporting 370 affected workers. Jackson National Life Insurance Company followed with 370 workers.

Trend & Outlook

The numbers illustrate a mixed picture for Colorado'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 Colorado. 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 Colorado WARN notices, browse layoffs by state, or download the full dataset.

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