Missouri Layoffs — October 2010

Employers in Missouri reported 2 WARN Act notices in October 2010, displacing an estimated 121 workers — signaling an acceleration from September and down 81% versus October 2009. The average filing covered 60 workers, with 1 closure among the notices.

2
Notices Filed
121
Workers Affected
60
Avg per Notice
1
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance167
Healthcare154

The Finance & Insurance sector topped the list of affected industries with 67 workers across 1 notice. Notably, Healthcare reported 54 workers.

Geographic Hotspots

CountyNoticesWorkers
Greene167
Clay154

Greene saw the most concentrated activity, accounting for 55% of all affected workers with 67 workers across 1 notices.

CityNoticesWorkers
Springfield167
Gladstone154

Layoff Type Analysis

TypeNoticesWorkers
Layoff167
Closure154

Closures accounted for 45% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
Principal Financial GroupSpringfield67Layoff2010-10-22
Woodbine HealthcareGladstone54Closure2010-10-14

The most significant filing came from Principal Financial Group at its Springfield facility, reporting 67 affected workers. Woodbine Healthcare followed with 54 workers.

Trend & Outlook

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

The numbers illustrate a mixed picture for Missouri's labor market, with activity diverging between monthly and annual comparisons. 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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