Vermont Layoffs — July 2021

Employers in Vermont posted 4 WARN Act notices in July 2021, affecting an estimated 529 workers — reflecting a significant uptick compared to June. The average filing covered 132 workers, with 0 closures among the notices.

4
Notices Filed
529
Workers Affected
132
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2508

The Finance & Insurance sector saw the heaviest impact with 508 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Washington3519
Orleans110

Washington felt the sharpest impact, accounting for 98% of all affected workers with 519 workers across 3 notices.

CityNoticesWorkers
Montpelier3519
Newport110

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
People's United BankMontpelier2542021-07-22
People's United BankMontpelier2542021-07-22
Web Industries, IncMontpelier112021-07-22
RDI IncNewport102021-07-23

The largest notice was filed by People's United Bank at its Montpelier facility, reporting 254 affected workers. People's United Bank followed with 254 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The trends suggest mounting pressure on the Vermont labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.

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

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