Louisiana Layoffs — March 2014

Employers in Louisiana posted 4 WARN Act notices in March 2014, affecting an estimated 473 workers — reflecting a significant uptick compared to February and up 35% versus March 2013. The average filing covered 118 workers, with 0 closures among the notices.

Industry Breakdown

Industry	Notices	Workers
Manufacturing	2	374
Finance & Insurance	1	97
Mining & Energy	1	2

The Manufacturing sector saw the heaviest impact with 374 workers across 2 notices. On a related front, Finance & Insurance reported 97 workers.

Geographic Hotspots

County	Notices	Workers
Vernon	1	332
Iberia	1	97
Caddo	1	42
Saint Mary	1	2

Vernon felt the sharpest impact, accounting for 70% of all affected workers with 332 workers across 1 notices.

City	Notices	Workers
Fort Polk	1	332
New Iberia	1	97
Shreveport	1	42
Morgan City	1	2

Layoff Type Analysis

Layoff type classification was not available for filings in Louisiana this month.

Largest Layoffs

Company	City	Workers	Type	Date
Northrop Grumman Technical Services Inc	Fort Polk	332		2014-03-09
Teche Federal Bank	New Iberia	97		2014-03-31
Printpack	Shreveport	42		2014-03-31
McDermott Inc	Morgan City	2		2014-03-20

The largest notice was filed by Northrop Grumman Technical Services Inc at its Fort Polk facility, reporting 332 affected workers. Teche Federal Bank followed with 97 workers.

Trend & Outlook

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

The trends suggest mounting pressure on the Louisiana labor market, with activity running above both recent and year-ago benchmarks. The Manufacturing sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by Louisiana. 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 Louisiana WARN notices, browse layoffs by state, or download the full dataset.