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South Carolina Layoffs — June 2013

Employers in South Carolina reported 3 WARN Act notices in June 2013, displacing an estimated 850 workers — signaling an acceleration from May and down 13% versus June 2012. The average filing covered 283 workers, with 1 closure among the notices.

3
Notices Filed
850
Workers Affected
283
Avg per Notice
1
Closures

Industry Breakdown

Industry breakdown for South Carolina
IndustryNoticesWorkers
Finance & Insurance1573
Information & Technology1214
Manufacturing163

The Finance & Insurance sector topped the list of affected industries with 573 workers across 1 notice. Notably, Information & Technology reported 214 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Florence1573
Aiken1214
Laurens163

Florence was the epicenter of layoff activity, accounting for 67% of all affected workers with 573 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Florence1573
Aiken1214
Laurens163

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure1573
Layoff2277

The high proportion of closures (67% of affected workers) suggests structural shifts rather than temporary cutbacks in South Carolina's labor market.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Mortgage BankFlorence573Closure
Newman Technology South CarolinaAiken214Layoff
JostensLaurens63Layoff

The most significant filing came from Mortgage Bank at its Florence facility, reporting 573 affected workers. Newman Technology South Carolina followed with 214 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The numbers illustrate a mixed picture for South Carolina's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance sector warrants close attention heading into the next period.

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

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