Colorado Layoffs — May 2018
Employers in Colorado submitted 3 WARN Act notices in May 2018, putting at risk an estimated 126 workers and down 60% versus May 2017. The average filing covered 42 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 2 | 116 |
| Finance & Insurance | 1 | 10 |
The Manufacturing sector emerged as the hardest-hit sector with 116 workers across 2 notices. Separately, Finance & Insurance reported 10 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Adams | 3 | 126 |
Adams felt the sharpest impact, accounting for 100% of all affected workers with 126 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Denver | 2 | 116 |
| Adams | 1 | 10 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 57 |
Closures accounted for 45% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| DCT Industrial | Denver | 59 | ||
| DCT Industrial | Denver | 57 | Closure | |
| Scottrade - Ameritrade | Adams | 10 |
Topping the list was DCT Industrial at its Denver facility, reporting 59 affected workers. DCT Industrial followed with 57 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
These figures highlight a mixed picture for Colorado'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 Colorado. 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 Colorado WARN notices, browse layoffs by state, or download the full dataset.