New Mexico Layoffs — September 2022
Employers in New Mexico posted 2 WARN Act notices in September 2022, affecting an estimated 144 workers — reflecting a cooling compared to August and up 17% versus September 2021. The average filing covered 72 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Mining & Energy | 1 | 86 |
| Finance & Insurance | 1 | 58 |
The Mining & Energy sector saw the heaviest impact with 86 workers across 1 notice. On a related front, Finance & Insurance reported 58 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| San Juan | 1 | 86 |
| Bernalillo | 1 | 58 |
San Juan bore the heaviest burden, accounting for 60% of all affected workers with 86 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Waterflow | 1 | 86 |
| Albuquerque | 1 | 58 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Westmoreland San Juan Mining | Waterflow | 86 | ||
| BayFirst Financial | Albuquerque | 58 |
The largest notice was filed by Westmoreland San Juan Mining at its Waterflow facility, reporting 86 affected workers. BayFirst Financial followed with 58 workers.
Trend & Outlook
The trends suggest a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons. The Mining & Energy 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.