New Mexico Layoffs — September 2024
Employers in New Mexico posted 1 WARN Act notices in September 2024, affecting an estimated 175 workers — reflecting a cooling compared to August and up 17400% versus September 2023. The average filing covered 175 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 1 | 175 |
The Manufacturing sector saw the heaviest impact with 175 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Sandoval | 1 | 175 |
Sandoval absorbed the greatest share of layoffs, accounting for 100% of all affected workers with 175 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Rio Rancho | 1 | 175 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Mexico this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| U.S. Cotton | Rio Rancho | 175 |
The largest notice was filed by U.S. Cotton at its Rio Rancho facility, reporting 175 affected workers.
Trend & Outlook
The trends suggest a mixed picture for New Mexico'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 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.