Iowa Layoffs — August 2009

Employers in Iowa recorded 7 WARN Act notices in August 2009, covering approximately 410 workers — marking a sharp increase from July and up 106% versus August 2008. The average filing covered 59 workers, with 1 closure among the notices.

7
Notices Filed
410
Workers Affected
59
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Information & Technology1128

The Information & Technology sector accounted for the largest share of job cuts with 128 workers across 1 notice.

Geographic Hotspots

CountyNoticesWorkers
Linn2189
Henry1128
Wapello148
Clayton135
Lee12

Linn felt the sharpest impact, accounting for 46% of all affected workers with 189 workers across 2 notices.

CityNoticesWorkers
Cedar Rapids2189
Mt. Pleasant1128
Ottumwa148
Marquette135
Elk Grove Village18

Layoff Type Analysis

TypeNoticesWorkers
Layoff4341
Closure148

Closures accounted for 12% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Terex USA LLCCedar Rapids170Layoff2009-08-06
Hearth & Home TechnologiesMt. Pleasant128Layoff2009-08-19
Praxis Mid-AmericaOttumwa48Closure2009-08-28
Gencor Industries, IncMarquette35Layoff2009-08-03
Columbus McKinnon CorporationCedar Rapids192009-08-05
Ready Set Service, LLCElk Grove Village8Layoff2009-08-18
Detroit Tool Metal ProductsFt. Madison22009-08-18

Leading the list was Terex USA LLC at its Cedar Rapids facility, reporting 170 affected workers. Hearth & Home Technologies followed with 128 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The filings reflect mounting pressure on the Iowa labor market, with activity running above both recent and year-ago benchmarks. The Information & Technology 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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