Maryland Layoffs — June 2007
Employers in Maryland posted 4 WARN Act notices in June 2007, affecting an estimated 889 workers and up 254% versus June 2006. The average filing covered 222 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 3 | 454 |
| Transportation | 1 | 435 |
The Finance & Insurance sector saw the heaviest impact with 454 workers across 3 notices. On a related front, Transportation reported 435 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Baltimore City | 2 | 515 |
| Anne Arundel | 1 | 323 |
| Frederick | 1 | 51 |
Baltimore City felt the sharpest impact, accounting for 58% of all affected workers with 515 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Baltimore City | 2 | 515 |
| Linthicum | 1 | 323 |
| Frederick | 1 | 51 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Layoff | 3 | 454 |
| Closure | 1 | 435 |
Closures accounted for 49% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Universal Maritime Service | Baltimore City | 435 | Closure | |
| Pnc | Linthicum | 323 | Layoff | |
| Pnc | Baltimore City | 80 | Layoff | |
| Pnc | Frederick | 51 | Layoff |
The largest notice was filed by Universal Maritime Service at its Baltimore City facility, reporting 435 affected workers. Pnc followed with 323 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the Maryland 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 Maryland. 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 Maryland WARN notices, browse layoffs by state, or download the full dataset.