Colorado Layoffs — May 2019

Employers in Colorado logged 7 WARN Act notices in May 2019, involving roughly 350 workers — falling below April and up 157% versus May 2018. The average filing covered 50 workers, with 2 closures among the notices.

7
Notices Filed
350
Workers Affected
50
Avg per Notice
2
Closures

Industry Breakdown

IndustryNoticesWorkers
Other11

The Other sector dominated layoff filings with 1 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Boulder2101
Adams174

Boulder absorbed the greatest share of layoffs, accounting for 29% of all affected workers with 101 workers across 2 notices.

CityNoticesWorkers
Boulder2101
Denver174

Layoff Type Analysis

TypeNoticesWorkers
Closure2174

Closures accounted for 50% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Conagra Brands, Inc100Closure2019-05-24
Conagra BrandsBoulder1002019-05-24
Upsher-Smith Laboratories LLC74Closure2019-05-10
Upsher-Smith Laboratories LLCDenver742019-05-10
Electro Rent12019-05-16
Electro Rent CorporationBoulder12019-05-16
Electro RentN/A2019-05-16

The biggest impact was at Conagra Brands, Inc at its Colorado facility, reporting 100 affected workers. Conagra Brands followed with 100 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

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