Missouri Layoffs — February 2008

Employers in Missouri recorded 3 WARN Act notices in February 2008, covering approximately 788 workers — marking a sharp increase from January and up 530% versus February 2007. The average filing covered 263 workers, with 0 closures among the notices.

3
Notices Filed
788
Workers Affected
263
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance170
Manufacturing159

The Finance & Insurance sector accounted for the largest share of job cuts with 70 workers across 1 notice. At the same time, Manufacturing reported 59 workers.

Geographic Hotspots

CountyNoticesWorkers
St. Louis City1659
Jackson170
Jefferson159

St. Louis City absorbed the greatest share of layoffs, accounting for 84% of all affected workers with 659 workers across 1 notices.

CityNoticesWorkers
St. Louis1659
Kansas City170
St. Clair159

Layoff Type Analysis

TypeNoticesWorkers
Layoff3788

Largest Layoffs

CompanyCityWorkersTypeDate
Macy's IncSt. Louis659Layoff2008-02-15
Federal Reserve Bank of Kansas CityKansas City70Layoff2008-02-13
Steelweld Equipment Co., IncSt. Clair59Layoff2008-02-06

Leading the list was Macy's Inc at its St. Louis facility, reporting 659 affected workers. Federal Reserve Bank of Kansas City followed with 70 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The filings reflect mounting pressure on the Missouri 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 Missouri. 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 Missouri WARN notices, browse layoffs by state, or download the full dataset.

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