Employers in Maryland posted 6 WARN Act notices in May 2018, affecting an estimated 656 workers — reflecting a significant uptick compared to April and down 11% versus May 2017. The average filing covered 109 workers, with 3 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Transportation | 2 | 442 |
| Finance & Insurance | 4 | 214 |
The Transportation sector saw the heaviest impact with 442 workers across 2 notices. On a related front, Finance & Insurance reported 214 workers.
| County | Notices | Workers |
|---|---|---|
| Montgomery | 1 | 221 |
| Baltimore | 1 | 82 |
| Howard | 1 | 25 |
Montgomery bore the heaviest burden, accounting for 34% of all affected workers with 221 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Gaithersburg | 1 | 221 |
| Owings Mills | 1 | 82 |
| Columbia | 1 | 25 |
| Type | Notices | Workers |
|---|---|---|
| Closure | 3 | 328 |
Closures accounted for 50% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| First Transit | 221 | Closure | 2018-05-07 | |
| First Transit | Gaithersburg | 221 | 2018-05-07 | |
| Peoples Bank & Trust Co | 82 | Closure | 2018-05-25 | |
| Peoples Bank & Trust Co | Owings Mills | 82 | 2018-05-25 | |
| Howard Bank | 25 | Closure | 2018-05-08 | |
| Howard Bank | Columbia | 25 | 2018-05-08 |
The largest notice was filed by First Transit at its Maryland facility, reporting 221 affected workers. First Transit followed with 221 workers.
After a dip last month, layoff activity has ticked back up.
The trends suggest a mixed picture for Maryland's labor market, with activity diverging between monthly and annual comparisons. The Transportation sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Maryland. 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 Maryland WARN notices, browse layoffs by state, or download the full dataset.
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