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US Layoffs — March 2002

The US labor market showed signs of rising strain as employers submitted 227 WARN Act notices in March 2002, putting at risk an estimated 22,972 workers — up substantially from February and up 19% versus March 2001. Filings came from 11 states and territories, with an average of 101 workers per notice.

227
Total Notices
22,972
Workers Affected
11
States Reporting
101
Avg per Notice
96
Closures

Top States by Workers Affected

State-by-state layoff summary
StateNoticesWorkers
Texas554,671
Pennsylvania264,316
Illinois404,155
Michigan282,236
Ohio151,910
Georgia191,818
Florida151,304
Maryland101,300
Alabama9764
Oklahoma6498
Kansas40

Texas led the nation with 4,671 workers affected across 55 notices , followed by Pennsylvania (4,316 workers) and Illinois (4,155 workers) .

Industry Breakdown

Industry breakdown
IndustryNoticesWorkers
Retail11910,519
Manufacturing587,622
Finance & Insurance51,137
Information & Technology161,107
Transportation5667
Professional Services8603
Real Estate6460
Healthcare2132
Mining & Energy1119
Government196

The Retail sector emerged as the hardest-hit sector with 10,519 workers across 119 notices. Separately, Manufacturing reported 7,622 workers.

Layoff Type Analysis

Layoff types breakdown
TypeNoticesWorkers
Closure9610,396
Layoff181,874

Closures accounted for 45% of all affected workers nationally, indicating significant structural workforce adjustments.

Largest Layoffs

Largest layoff notices
CompanyLocationWorkersType
DollarlandPhiladelphia, Pennsylvania1,700Closure
US AirwaysLinthicum, Maryland457Layoff
Wachovia Corporation [First Union National Bank (Spring Ridge site)]Wyomissing, Pennsylvania377Layoff
Conseco Medical InsuranceRockford, Illinois356Closure
Chilpaco MillsChillicothe, Ohio343
Herman MillerHolland, Michigan317Closure
Premcor Blue Island RefineryHartford, Illinois317Closure
Ofs FitelNorcross, Georgia300
The JPMLewisburg, Pennsylvania287
Draw­TiteCanton, Michigan268Closure

Topping the list was Dollarland in Philadelphia, Pennsylvania, reporting 1,700 affected workers. US Airways followed with 457 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

These figures highlight mounting pressure on the the nation labor market, with activity running above both recent and year-ago benchmarks. The Retail sector warrants close attention heading into the next period.

This report covers all WARN Act filings with notice dates in March 2002. The Worker Adjustment and Retraining Notification Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is sourced from official state filings and updated daily by LaborCurrent, which also tracks SEC 8-K filings, bankruptcy proceedings, H-1B visa petitions, and unemployment claims across all six datasets. API access and data exports available.

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