New Mexico Layoffs — August 2021
Employers in New Mexico posted 2 WARN Act notices in August 2021, affecting an estimated 326 workers and down 34% versus August 2020. The average filing covered 163 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Professional Services | 1 | 253 |
| Utilities | 1 | 73 |
The Professional Services sector saw the heaviest impact with 253 workers across 1 notice. On a related front, Utilities reported 73 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Otero | 1 | 253 |
| Eddy | 1 | 73 |
Otero bore the heaviest burden, accounting for 78% of all affected workers with 253 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Artesia | 1 | 73 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Jacobs | 253 | |||
| BASIC Energy Services | Artesia | 73 |
The largest notice was filed by Jacobs at its New Mexico facility, reporting 253 affected workers. BASIC Energy Services followed with 73 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest a mixed picture for New Mexico's labor market, with activity diverging between monthly and annual comparisons. The Professional Services sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by New Mexico. 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 New Mexico WARN notices, browse layoffs by state, or download the full dataset.