Florida job cuts decline in July, health care sector hurting

Florida job cuts decreased in July.

Florida ranked fourth in job cuts in the South in July, but still has the highest amount of layoffs this year, according to data from outplacement firm Challenger, Gray & Christmas.

Employers in the Sunshine State announced 785 cuts in July, down from 2,260 cuts in June. A total of 13,651 layoffs have been announced in the state this year. Tennessee, South Carolina and Louisiana had higher amounts of job cuts last month, according to the data.

The job cut figures are based on public layoff announcements, such as Worker Adjustment and Retraining Notification (WARN) notices filed with the state of Florida.

In July, planned layoffs in South Florida included 74 jobs at The National Hotel in Miami Beach. The hotel was closed after it failed a safety inspection from the city. The hotel was required to send its workers home until it could pass the inspection.

Nationwide, planned job cuts declined slightly in July, as employers announced workforce reductions totaling 37,701 during the month, down 4.2 percent from 39,372 planned layoffs in June. While the job cuts were declining last month, the pacing was still 2.3 percent higher than a year ago, when 36,855 planned job cuts were recorded.

Employers have now announced 296,633 job cuts since January 1, which is 7.3 percent fewer than the 319,946 job cuts announced in the first seven months of 2012. At the current pace of downsizing, which is averaging 42,376 job cuts per month, 2013 will come in below the 2012 year-end total of 523,362, which was the lowest annual total since 1997 (434,350).

July workforce reductions were led by the health care sector, which announced 6,843 planned job cuts. That represents the highest number of cuts for this sector since 9,558 health care job cuts were recorded in November 2009. Health care organizations have now cut 29,794 jobs this year, 59 percent more than the 18,770 planned job cuts announced by this point in 2012.

Shaun Bevan covers tourism, hospitality, retail and restaurants.

Source: http://feedproxy.google.com/~r/vertical_32/~3/W8bpdV-ESiE/florida-still-has-highest-amount-of.html

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