New Mexico Layoffs — September 2023
Employers in New Mexico reported 1 WARN Act notices in September 2023, displacing an estimated 1 workers and down 99% versus September 2022. The average filing covered 1 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 1 |
The Finance & Insurance sector topped the list of affected industries with 1 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Bernalillo | 1 | 1 |
Bernalillo absorbed the greatest share of layoffs, accounting for 100% of all affected workers with 1 workers across 1 notices.
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| First Savings Bank | 1 |
The most significant filing came from First Savings Bank at its New Mexico facility, reporting 1 affected workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The numbers illustrate a mixed picture for New Mexico'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 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.