Luis Torres

Dec 15, 2023 | dallasfed.org | Luis Torres |Luís Torres |Prithvi Kalkunte

Even with Texas employment growing rapidly and jobless rates remaining low in 2023, mass layoffs may be heading higher, according to notices of pending workforce reductions filed with state officials.  The federal Worker Adjustment and Retraining Notification (WARN) Act requires employers to inform state officials when they plan facility closures or mass layoffs.