Vermont Layoffs — March 2017
Employers in Vermont recorded 5 WARN Act notices in March 2017, covering approximately 154 workers — marking a sharp increase from February and down 5% versus March 2016. The average filing covered 31 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 76 |
| Manufacturing | 1 | 56 |
| Retail | 2 | 12 |
| Government | 1 | 10 |
The Finance & Insurance sector accounted for the largest share of job cuts with 76 workers across 1 notice. At the same time, Manufacturing reported 56 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Chittenden | 1 | 76 |
| Allegan | 1 | 56 |
| Franklin | 1 | 10 |
| Orleans | 1 | 7 |
Chittenden was the epicenter of layoff activity, accounting for 49% of all affected workers with 76 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| South Burlington | 1 | 76 |
| Allegan | 1 | 56 |
| St. Albans | 1 | 10 |
| Newport | 1 | 7 |
Layoff Type Analysis
Layoff type classification was not available for filings in Vermont this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Merchants Bank | South Burlington | 76 | ||
| Perrigo | Allegan | 56 | ||
| Franklin County Humane Society | St. Albans | 10 | ||
| Dollar Express | Newport | 7 | ||
| Radio Shack | 5 |
Leading the list was Merchants Bank at its South Burlington facility, reporting 76 affected workers. Perrigo followed with 56 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
The filings reflect a mixed picture for Vermont'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 Vermont. 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 Vermont WARN notices, browse layoffs by state, or download the full dataset.