Published On: July 7, 2008
Mortgage Employment By StateSecond Quarter 2008
Published July 7, 2008
|
|
State
|
Q2 2008 Layoffs
|
Q2 2008 Hirings
|
Q2 2008 Net
|
|
|
|
|
|
|
Alaska |
0
|
0
|
0 |
|
0
|
|
+10
|
|
0
|
Arizona |
62
|
0
|
-62 |
|
-100
|
|
-2,505
|
|
3,791
|
California (revised 7.21.08) |
827
|
0
|
-827 |
|
-3,915
|
|
-16,433
|
|
-5,397
|
Colorado |
0
|
0
|
0 |
|
-150
|
|
+4
|
|
+44
|
Connecticut |
0
|
0
|
0 |
|
0
|
|
-1,698
|
|
+426
|
Delaware |
0
|
0
|
0 |
|
0
|
|
+200
|
|
-153
|
Florida |
244
|
0
|
-244 |
|
-1,539
|
|
-2,507
|
|
-444
|
Georgia |
0
|
0
|
0 |
|
-60
|
|
-1,623
|
|
+19
|
Idaho |
0
|
0
|
0 |
|
0
|
|
-49
|
|
0
|
Illinois |
118
|
0
|
-118 |
|
-132
|
|
-1,738
|
|
-127
|
Indiana |
0
|
0
|
0 |
|
-294
|
|
-694
|
|
-650
|
Iowa |
0
|
0
|
0 |
|
-415
|
|
-85
|
|
+2,000
|
Kansas |
0
|
0
|
0 |
|
-200
|
|
-60
|
|
0
|
Kentucky |
0
|
0
|
0 |
|
0
|
|
-530
|
|
+273
|
Louisiana |
0
|
0
|
0 |
|
0
|
|
+130
|
|
0
|
Maine |
0
|
0
|
0 |
|
-90
|
|
0
|
|
0
|
Maryland |
0
|
0
|
0 |
|
-115
|
|
-285
|
|
+100
|
Massachusetts |
0
|
0
|
0 |
|
0
|
|
+47
|
|
+150
|
Michigan |
125
|
0
|
-125 |
|
+37
|
|
-109
|
|
+350
|
Minnesota |
0
|
0
|
0 |
|
-125
|
|
-309
|
|
0
|
Missouri |
0
|
0
|
0 |
|
-194
|
|
-655
|
|
-25
|
Montana |
0
|
0
|
0 |
|
-80
|
|
0
|
|
0
|
Nebraska |
0
|
0
|
0 |
|
0
|
|
0
|
|
+150
|
Nevada |
0
|
0
|
0 |
|
0
|
|
-547
|
|
0
|
New Jersey |
100
|
0
|
-100 |
|
-684
|
|
-697
|
|
-17
|
New York |
50
|
0
|
-50 |
|
-225
|
|
-2,071
|
|
+459
|
North Carolina |
100
|
50
|
-50 |
|
-65
|
|
-964
|
|
+675
|
Ohio |
188
|
0
|
-188 |
|
0
|
|
-845
|
|
-24
|
Oklahoma |
0 |
50 |
+50 |
|
0
|
|
0
|
|
0
|
Oregon |
100
|
0
|
-100 |
|
-50
|
|
-91
|
|
0
|
Pennsylvania |
217
|
0
|
-217 |
|
0
|
|
-313
|
|
-47
|
Rhode Island |
0
|
0
|
0 |
|
0
|
|
0
|
|
0
|
South Carolina |
0
|
0
|
0 |
|
0
|
|
-900
|
|
-31
|
Tennessee |
0
|
0
|
0 |
|
-80
|
|
-135
|
|
-125
|
Texas |
50
|
0
|
-50 |
|
-150
|
|
+145
|
|
+1,375
|
Utah |
0
|
0
|
0 |
|
+18
|
|
-36
|
|
0
|
Virginia |
0
|
0
|
0 |
|
0
|
|
-118
|
|
-203
|
Washington |
898
|
0
|
-898 |
|
-15
|
|
-745
|
|
-1,260
|
Wisconsin |
0
|
0
|
0 |
|
-45
|
|
-33
|
|
-470
|
National (revised 7.24.08)
|
1,599
|
0
|
-1,599 |
|
-5,537
|
|
-50,892
|
|
-3,585
|
TOTAL
|
4,678
|
100
|
-4,578 |
|
-14,405
|
|
-87,131
|
|
-2,746
|
|
Layoffs
Q2 2008
|
Hirings
Q2 2008
|
Net
Q2 2008
|
|
|
|
|
|
|
|
- Positive figures represent net job gains.
- Negative figures represent net job losses.
- Reflects mortgage layoffs, hirings and mortgage company closings tracked from April 1, 2008 to June 30, 2008, where at least 50 jobs were impacted.
- The data was primarily derived from stories published by MortgageDaily.com
- With a few individual rounds of layoffs where only national totals were available but states involved were known, half of the layoffs were attributed to the state where the company was based and the rest were distributed among the remaining states.
- Those layoffs where only national numbers were obtained and no individual states were identified are included in “National.”
- The number of companies involved in layoffs analyzed was 16.
- 7.16.08: added 171 First Horizon layoffs
- 7.21.08: added 570 Countrywide layoffs – half National, half CA
7.22.08: reduced total WaMu layoffs to 1,797 from 4,000.
- 7.24.08: added 126 national and 125 Ohio for National City layoffs.
|
|
Net Job Losses (-) or Increases (+) by Company
Second Quarter 2008
|
|
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Report Author:
Sam Garcia, Publisher, MortgageDaily.com