Missouri Layoffs — March 2012

Employers in Missouri logged 9 WARN Act notices in March 2012, involving roughly 2,429 workers — climbing above February and up 3370% versus March 2011. The average filing covered 270 workers, with 6 closures among the notices.

9
Notices Filed
2,429
Workers Affected
270
Avg per Notice
6
Closures

Industry Breakdown

IndustryNoticesWorkers
Transportation1150
Finance & Insurance1146
Manufacturing1116
Accommodation & Food195

The Transportation sector dominated layoff filings with 150 workers across 1 notice. Meanwhile, Finance & Insurance reported 146 workers.

Geographic Hotspots

CountyNoticesWorkers
Clay31,488
St. Louis CO2595
Scott1132
Mississippi1110
Taney195

Clay was the epicenter of layoff activity, accounting for 61% of all affected workers with 1,488 workers across 3 notices.

CityNoticesWorkers
Claycomo21,338
St. Louis1449
Kansas City1150
Chesterfield1146
Sikeston1132

Layoff Type Analysis

TypeNoticesWorkers
Layoff31,433
Closure6996

Closures accounted for 41% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.

Largest Layoffs

CompanyCityWorkersTypeDate
FordClaycomo1,222Layoff2012-03-29
MVM, IncSt. Louis449Closure2012-03-23
Penske LogisticsKansas City150Closure2012-03-09
Aurora BankChesterfield146Closure2012-03-01
Brown Shoe CompanySikeston132Closure2012-03-07
Allied Systems / Allied Automotive GroupClaycomo116Layoff2012-03-15
Gates CorporationCharleston110Closure2012-03-15
Hilton HotelsBranson95Layoff2012-03-05
Pamida (ShopKo)Mt. Vernon9Closure2012-03-02

The biggest impact was at Ford at its Claycomo facility, reporting 1,222 affected workers. MVM, Inc followed with 449 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

This data points to mounting pressure on the Missouri labor market, with activity running above both recent and year-ago benchmarks. The Transportation 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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