California, Texas, and Ohio Had the Highest Job Loss Rates In June

Money

The U.S. Labor Department announced that that the U.S. economy made room for 222,000 jobs in June, but California, Texas, and Ohio lead the nation in job losses.

California was home to the largest number of job cuts in the U.S. in June, with 8,279 losses. This brings the state’s year-to-date total to 32,630. Texas employers slashed 991 jobs in June, bringing that state’s total for the year to 21,005.

Ohio leads the Midwest states with 1,831 job losses in June, bringing the total for the first six months of 2017 to nearly 21,000.

Most job losses came in the retail sector, where 60,127 people become unemployed. This is a 42% increase over the 42,095 Americans who lost their retail jobs in the first six months of 2016. It is also the highest first-half total since 2009, when U.S. retailers announced 85,698 job cuts.

The healthcare sector dropped 17,920 jobs in June, a 67% increase over the 10,733 jobs that were eliminated in the sector in the same period last year. The services sector finishes out the top three industries shedding jobs in 2017 at 15,415, a 150% increase over the 6,176 workers displaced by the sector in 2016.

The three biggest reasons why companies across the U.S. announced job cuts were cost cutting, closure, and restructuring.

In California, 34 notices were filed with the California Employment Development Department in June, affecting 3,485 workers. Some of the biggest job losses in the month occurred at Beckman Coulter, a laboratory instrument maker that axed 90 jobs at its Brea headquarters.

Meanwhile, Irvine-based Royalty Carpet Mills, Inc. closed its doors, leaving 400 without work, and Yahoo Holdings, Inc. filed 840 permanent job loss notices. Nestle SA was responsible for the most job losses in the state that month. The company filed 565 permanent job loss notices with the state of California.

In Texas, the biggest employers in the state filed 829 layoff notices. The biggest job losses in the state came from the retail and oil and gas sectors. Brock Services, LLC, which provides contact services for the Eastman Company manufacturing site in Longview, announced it was laying off 226 employees. Hyatt Hotels Corporation (NYSE:H) said that 114 people will be out of work at its Lake Travis resort. Sears Holdings Corporation (NASDAQ:SHLD) announced that it is giving 181 people across the state their pink slips.

In Ohio, five big employers filed notices affecting 345 workers. Most notably, Quaker Manufacturin Corporationg in Salem said it might be closing its doors, impacting 115 workers. JLG Industries, Inc., the second-largest employer in Orville, Ohio, is laying off 279 people and will permanently shutter its local factory by the end of September.

Sources

The Employment Situation — June 2017,” Bureau of Labor Statistics, July 7, 2017.

WARN Report,” State of California, last accessed July 11, 2017.

Worker Adjustment and Retraining Notification (WARN) Notices,” Texas Workforce Commission, last accessed July 11, 2017.

Warn Notice,” Ohio Department of Family Jobs and Services, last accessed July 11, 2017.

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