Maryland Layoffs — June 2019
Employers in Maryland posted 2 WARN Act notices in June 2019, affecting an estimated 278 workers — reflecting a significant uptick compared to May and down 33% versus June 2018. The average filing covered 139 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 205 |
| Retail | 1 | 73 |
The Finance & Insurance sector saw the heaviest impact with 205 workers across 1 notice. On a related front, Retail reported 73 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Frederick | 1 | 205 |
| Montgomery | 1 | 73 |
Frederick felt the sharpest impact, accounting for 74% of all affected workers with 205 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Frederick | 1 | 205 |
| Gaithersburg | 1 | 73 |
Layoff Type Analysis
Layoff type classification was not available for filings in Maryland this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| State Farm Mutual Automobile Insurance | Frederick | 205 | ||
| Lord and Taylor | Gaithersburg | 73 |
The largest notice was filed by State Farm Mutual Automobile Insurance at its Frederick facility, reporting 205 affected workers. Lord and Taylor followed with 73 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest a mixed picture for Maryland'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 Maryland. 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 Maryland WARN notices, browse layoffs by state, or download the full dataset.