South Carolina Layoffs — February 2014
Employers in South Carolina reported 2 WARN Act notices in February 2014, displacing an estimated 124 workers — signaling an acceleration from January and down 12% versus February 2013. The average filing covered 62 workers, with 2 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 1 | 101 |
| Finance & Insurance | 1 | 23 |
The Manufacturing sector topped the list of affected industries with 101 workers across 1 notice. Notably, Finance & Insurance reported 23 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Berkeley | 1 | 101 |
| Florence | 1 | 23 |
Berkeley felt the sharpest impact, accounting for 81% of all affected workers with 101 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Moncks Corner | 1 | 101 |
| Florence | 1 | 23 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 2 | 124 |
The high proportion of closures (100% of affected workers) suggests structural shifts rather than temporary cutbacks in South Carolina's labor market.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| American LaFrance | Moncks Corner | 101 | Closure | |
| Mortgage Bank | Florence | 23 | Closure |
The most significant filing came from American LaFrance at its Moncks Corner facility, reporting 101 affected workers. Mortgage Bank followed with 23 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 Manufacturing 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.