Iowa Layoffs — May 2006

Employers in Iowa submitted 5 WARN Act notices in May 2006, putting at risk an estimated 1,151 workers — up substantially from April. The average filing covered 230 workers, with 3 closures among the notices.

5
Notices Filed
1,151
Workers Affected
230
Avg per Notice
3
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance116

The Finance & Insurance sector emerged as the hardest-hit sector with 16 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Jasper1900
Black Hawk1147
Scott280
Montgomery124

Jasper bore the heaviest burden, accounting for 78% of all affected workers with 900 workers across 1 notices.

CityNoticesWorkers
Newton1900
Waterloo1147
Davenport280
Red Oak124

Layoff Type Analysis

TypeNoticesWorkers
Closure31,071
Layoff280

The high proportion of closures (93% of affected workers) suggests structural shifts rather than temporary cutbacks in Iowa's labor market.

Largest Layoffs

CompanyCityWorkersTypeDate
Whirlpool CorporationNewton900Closure2006-05-10
APAC Customer Services, IncWaterloo147Closure2006-05-22
G&K ServicesDavenport64Layoff2006-05-10
RomechRed Oak24Closure2006-05-31
MetrobankDavenport16Layoff2006-05-04

Topping the list was Whirlpool Corporation at its Newton facility, reporting 900 affected workers. APAC Customer Services, Inc followed with 147 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

These figures highlight mounting pressure on the Iowa labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Iowa. The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is updated daily by WARN Firehose. View all Iowa WARN notices, browse layoffs by state, or download the full dataset.

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