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New Mexico Layoffs — August 2024

Employers in New Mexico recorded 2 WARN Act notices in August 2024, covering approximately 176 workers — marking a sharp increase from July. The average filing covered 88 workers, with 0 closures among the notices.

2
Notices Filed
176
Workers Affected
88
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for New Mexico
IndustryNoticesWorkers
Transportation1118
Accommodation & Food158

The Transportation sector accounted for the largest share of job cuts with 118 workers across 1 notice. At the same time, Accommodation & Food reported 58 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Curry1118
Colfax158

Curry bore the heaviest burden, accounting for 67% of all affected workers with 118 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Portales1118

Layoff Type Analysis

Layoff type classification was not available for filings in New Mexico this month.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
HallconPortales118
St. James Hotel and UU Bar Ranch58

Leading the list was Hallcon at its Portales facility, reporting 118 affected workers. St. James Hotel and UU Bar Ranch followed with 58 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The filings reflect mounting pressure on the New Mexico labor market, with activity running above both recent and year-ago benchmarks. The Transportation 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.

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