New Mexico Layoffs — October 2018

Employers in New Mexico submitted 3 WARN Act notices in October 2018, putting at risk an estimated 1,143 workers and up 652% versus October 2017. The average filing covered 381 workers, with 0 closures among the notices.

3
Notices Filed
1,143
Workers Affected
381
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Healthcare31,143

The Healthcare sector emerged as the hardest-hit sector with 1,143 workers across 3 notices.

Geographic Hotspots

CountyNoticesWorkers
Albuquerque2762
Bernalillo1381

Albuquerque bore the heaviest burden, accounting for 67% of all affected workers with 762 workers across 2 notices.

CityNoticesWorkers
Albuquerque2762

Layoff Type Analysis

Layoff type classification was not available for filings in New Mexico this month.

Largest Layoffs

CompanyCityWorkersTypeDate
Molina Healthcare3812018-10-01
Molina HealthcareAlbuquerque3812018-10-01
Molina HealthcareAlbuquerque3812018-10-01

Topping the list was Molina Healthcare at its New Mexico facility, reporting 381 affected workers. Molina Healthcare followed with 381 workers.

Trend & Outlook

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

These figures highlight mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Healthcare sector warrants close attention heading into the next period.

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

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