Each month the Employment Security Commission compiles a list of announced layoffs and business closings.
The survey is based on newspaper accounts and information supplied to the Employment Security Commission of North Carolina by the employing units experiencing the closings and layoffs. It’s not comprehensive, but it’s one marker local business leaders use to gauge the local economy.
In March, Durham County had 845 announced layoffs. They were IBM Corp., 334 layoffs; AW North Carolina, 500; and Duke Corporate Education,11 . In addition, Gl;axoSmithKline announced a restructuring in its customer response center and the Durham Bulls announced cost-cutting measures.
Staff in the Employment Security Commission neither analyze nor evaluate the accuracy of these reports. They can be found on the ESC
Home page (ncesc.com) by selecting Labor Market
Information/Industry Information/"Announced Business Closings &