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US Layoffs — May 2008

The US labor market showed continued flux as employers logged 131 WARN Act notices in May 2008, involving roughly 14,051 workers — falling below April and up 24% versus May 2007. Filings came from 20 states and territories, with an average of 107 workers per notice.

131
Total Notices
14,051
Workers Affected
20
States Reporting
107
Avg per Notice
38
Closures

Top States by Workers Affected

State-by-state layoff summary
StateNoticesWorkers
New York261,933
New Jersey101,836
Ohio131,562
Pennsylvania121,416
Florida151,368
Michigan4891
Georgia9792
Missouri6773
Louisiana4551
Arizona5537
Texas8461
Alabama2457
Kansas4411
Maryland4387
Washington3198
Kentucky1178
Oklahoma2118
Iowa188
Vermont176
South Dakota118

New York led the nation with 1,933 workers affected across 26 notices , followed by New Jersey (1,836 workers) and Ohio (1,562 workers) .

Industry Breakdown

Industry breakdown
IndustryNoticesWorkers
Manufacturing393,877
Finance & Insurance152,176
Information & Technology172,071
Transportation81,941
Healthcare7503
Accommodation & Food4465
Wholesale Trade3308
Retail6302
Mining & Energy1245
Construction1188

The Manufacturing sector dominated layoff filings with 3,877 workers across 39 notices. Meanwhile, Finance & Insurance reported 2,176 workers.

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure383,724
Layoff212,597

Closures accounted for 27% of all affected workers nationally, with the majority of events being layoffs rather than full closures.

Largest Layoffs

Largest layoff notices
CompanyLocationWorkersType
Jevic TransportationDelanco, New Jersey1,036
Merrill LynchNew York, New York500Layoff
Shaw IndustriesStevenson, Alabama418Closure
Plastech Engineered ProductsByesville, Ohio416
VisteonMonroe, Michigan351Closure
Plastech Engineered ProductsRomulus, Michigan312Closure
First StudentMilton, Florida277
Chase Home LendingFt. Washington, Pennsylvania266Layoff
Blake InternationalHouma, Louisiana245
Logistics ServicesFenton, Missouri240Layoff

The biggest impact was at Jevic Transportation in Delanco, New Jersey, reporting 1,036 affected workers. Merrill Lynch followed with 500 workers.

Trend & Outlook

This data points to a mixed picture for the nation's labor market, with activity diverging between monthly and annual comparisons. The Manufacturing sector warrants close attention heading into the next period.

This report covers all WARN Act filings with notice dates in May 2008. The Worker Adjustment and Retraining Notification Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is sourced from official state filings and updated daily by WARN Firehose, which also tracks SEC 8-K filings, bankruptcy proceedings, H-1B visa petitions, and unemployment claims across all six datasets. API access and data exports available.

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