New Mexico Layoffs — April 2020

Employers in New Mexico logged 21 WARN Act notices in April 2020, involving roughly 4,260 workers — climbing above March and up 143% versus April 2019. The average filing covered 203 workers, with 0 closures among the notices.

21
Notices Filed
4,260
Workers Affected
203
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Accommodation & Food3540
Utilities381

The Accommodation & Food sector dominated layoff filings with 540 workers across 3 notices. Meanwhile, Utilities reported 81 workers.

Geographic Hotspots

CountyNoticesWorkers
Silver City32,475
Bernalillo7800
Santa Fe3540
Eddie3318
Lea381

Silver City saw the most concentrated activity, accounting for 58% of all affected workers with 2,475 workers across 3 notices.

CityNoticesWorkers
Silver City21,650
Albuquerque6564
Santa Fe2360
Artecia2212
Jal254

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Free McMoran Inc. Chino Mine8252020-04-26
Free McMoran Inc. Chino MineSilver City8252020-04-26
Freeport-McMoRanSilver City8252020-04-26
Enterprise Holdings1852020-04-24
Enterprise HoldingsAlbuquerque1852020-04-24
Enterprise HoldingsAlbuquerque1852020-04-24
Tesuque Casino1802020-04-01
Tesuque CasinoSanta Fe1802020-04-01
Tesuque CasinoSanta Fe1802020-04-01
CALFRAC Well Services1062020-04-16
CALFRAC Well ServicesArtecia1062020-04-16
CALFRAC Well ServicesArtecia1062020-04-16
Shamrock Food Company742020-04-01
Shamrock Food CompanyAlbuquerque742020-04-01
Shamrock Food CompanyAlbuquerque742020-04-01

The biggest impact was at Free McMoran Inc. Chino Mine at its New Mexico facility, reporting 825 affected workers. Free McMoran Inc. Chino Mine followed with 825 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

This data points to mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Accommodation & Food 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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