Washington Layoffs — March 2007
Employers in Washington posted 6 WARN Act notices in March 2007, affecting an estimated 287 workers — reflecting a significant uptick compared to February and up 310% versus March 2006. The average filing covered 48 workers, with 2 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 281 |
| Information & Technology | 1 | 2 |
| Utilities | 1 | 2 |
| Manufacturing | 2 | 2 |
The Finance & Insurance sector saw the heaviest impact with 281 workers across 2 notices. On a related front, Information & Technology reported 2 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Spokane | 1 | 205 |
| Clark | 1 | 76 |
| King | 3 | 4 |
| Kitsap | 1 | 2 |
Spokane bore the heaviest burden, accounting for 71% of all affected workers with 205 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Spokane | 1 | 205 |
| Vancouver | 1 | 76 |
| Bellevue | 1 | 2 |
| Bremerton | 1 | 2 |
| Bothell | 2 | 2 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 4 | 283 |
| Closure | 2 | 4 |
Closures accounted for 1% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Bank of America | Spokane | 205 | Layoff | |
| Millenium Funding Group | Vancouver | 76 | Layoff | |
| Sun Microsystems | Bellevue | 2 | Closure | |
| Electric Boat | Bremerton | 2 | Closure | |
| Icos | Bothell | 1 | Layoff | |
| Icos | Bothell | 1 | Layoff |
The largest notice was filed by Bank of America at its Spokane facility, reporting 205 affected workers. Millenium Funding Group followed with 76 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the Washington 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 Washington. 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 Washington WARN notices, browse layoffs by state, or download the full dataset.